'Stable bidding strategy' presentation slideshows

Simulating Normal Random Variables

Simulating Normal Random Variables. Simulation can provide a great deal of information about the behavior of a random variable. Simulating Normal Random Variables. Two types of simulations (1) Generating fixed values - Uses Random Number Generation (2) Generating changeable values

573 views • 57 slides

Class 21: Bidding Strategy and Simulation

663 views • 34 slides

Project 2-Guidelines

Project 2-Guidelines. Recall- Class Project-Goals. ? Determine what would be expected to happen if each company bid the same amount as its signal. ? Determine the Company 1 bid under several uniform bidding strategies, and explore the expected values of these plans.

284 views • 22 slides