Computers and Technology, 14.11.2019 22:31 addiemaygulley2835
The bidding agents appear in an order chosen uniformly at random, each proposes its bidbiin turn, and at all times the system maintains a variable b∗ equal to the highest bid seen so far. (initially b∗= 0). what is the expected number of times that b∗ is updated with this process is executed, as a function of the parameters of the problem?
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The bidding agents appear in an order chosen uniformly at random, each proposes its bidbiin turn, an...
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