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Old 05-29-2012, 04:19 AM   #76
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Re: Kind of Interesting Interview Question I Had

Pretty fun game, boggles my mind that this was actually asked in a job application setting.
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Old 05-29-2012, 08:06 AM   #77
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Re: Kind of Interesting Interview Question I Had

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Old 05-29-2012, 08:52 AM   #78
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Re: Kind of Interesting Interview Question I Had

I'm guessing the objective was to just be as close to the answer as we can get each round

I believe it somewhat mimicks the situation where there is say 5 market makers all trading the same instrument, and they all have a different piece of info, which is useful for guessing at the true value of the instrument

At the start (open?) some value it higher, some lower, and then as they start trading against each other in a mad scramble they guess what others know based on others' trades, and adjust

I didn't want to try some kind of GTO guess that is some random number just to f up my opponents, because the analog in this case could be considered market manipulation.
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