Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Pretty close to what was found here: http://arxiv.org/abs/1201.3798

It also sounds fairly intuitive when you verbalize it: the faster you can update your (presumably sound) strategy to new information, the "better" you are likely to do compared to someone who responds to changing information at a slower rate.



Even if your initial strategy is less sound, if you can (and are willing to) update it faster, you can still win (so long as your initial strategy wasn't too horrible).


Thats why comments on Hacker News are editable :)


Happened to my OP :) Pushed down to -1 early, made some edits and now +10




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: