Cool post by @QuantPoker. But I don't believe that the utility of a $8.9MM prize is only twice that of a $80K prize. http://goo.gl/dv9bM
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@NateMeyvis Thanks, Nate. Yeah, looking back, hard to be happy with that tail of the utility function fit. Will have to revisit eventually.
@QuantPoker I was slightly unfair by not giving all the hypothetical details. And I'd love to read future work of yours!
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@NateMeyvis No, the point is fairly made IMO. Lots of nuances, but tails def have big impact. There's plenty more to be done, given time!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NateMeyvis@thinkingpoker PS Your show has become the only podcast that I wait to listen to until it can get my full attention. Great stuff -
@QuantPoker@thinkingpoker That's very kind! Glad you like the show.
End of conversation
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