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133: Solving for the Marketplace Problem with Andrew Yates

Programming Throwdown

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The Auction Theory in Bidding

The auction theory in bidding is something people, no, google famously, you know, came up with this. It's a bidting inter face. You have all these complicated computer systems actually doing the real bidding, and you just have like this idy biddy window. Think of it more as you're designing a computer system, but you want to have compartmentalized systems,. And numerically, you want them compartmentalized. The optimisations work best when you have the most information.

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