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Hyles
Feb Member 2023

Hyles

Posts: 6,699 Rune Posts by user Forum Profile RuneMetrics Profile
Popfrog9 said :
Hyles said :
Popfrog9 said :
"Can we stop pcing hats as an experiment?" ~Dr Sid Phd

Or at the very least vote on it? *Crosses fingers despite already knowing the answer :| *

I know what would be more mature, but I also know what would be more fun.

Okay, now I'm confused. What would be the "more fun" option? As I see it, there's the rational option and the stuck-in-the-past option, but maybe I've just listened to too many fights about ranges over the years....
~Hyles~

"The man who acquires the ability to take full possession of his own mind
may take possession of anything else to which he is justly entitled."
~Andrew Carnegie

13-Feb-2017 12:22:01

S z
Sep Member 2021

S z

Posts: 16,741 Opal Posts by user Forum Profile RuneMetrics Profile
re: valuing phat upgrades, can we please list the explicit upgrade in trade compilations? Last 3 trades is not a good indicator of the value imo. (I don't think mid of range is good either.)

But if it comes to discussion and someone sees a P+100, they can value this subjectively as last three trades, or mid of old range, or mid of a range that post-dates the trade, or other knowledge—this being a benefit of having the discussion. Fixing a value of the upgrade in FC policy achieves little imo, since there is no obvious way to value this upgrade.

A problem with last 3 trades is that it is very vulnerable to manipulation wrt timing reports. i.e. literally no-one going to raise an eyebrow if you tactfully wait a few hours before you post your trade, or if you re-order your reports. Having direct control over ranges like this is not good (especially if we allow outliers to skew ranges due to recency bias, where one trade can increase/decrease a range's mean by 50m or more).

Another problem is that the reported prices for phats naturally range over a 200m+ margin, and so at any given time the chances of the most recent three near the upper/lower extreme is not unlikely. Then the 3-point moving average could be 100m+ off the longer-term average of the hat.

(It's also less calculations for the compiler ^.~) Andy Murray to win Wimbledon 2022.

14-Feb-2017 21:31:10 - Last edited on 15-Feb-2017 02:09:04 by S z

Popfrog9

Popfrog9

Posts: 1,627 Mithril Posts by user Forum Profile RuneMetrics Profile
Hyles said :
Popfrog9 said :
Hyles said :
Popfrog9 said :
"Can we stop pcing hats as an experiment?" ~Dr Sid Phd

Or at the very least vote on it? *Crosses fingers despite already knowing the answer :| *

I know what would be more mature, but I also know what would be more fun.

Okay, now I'm confused. What would be the "more fun" option? As I see it, there's the rational option and the stuck-in-the-past option, but maybe I've just listened to too many fights about ranges over the years....

It would be interesting to see the reaction. Guest in the cc [Clan Quark] for all off topic chat.
To learn who rules over you, simply find out who you are not allowed to criticize. MODS = GODS
"Popfrogg soon to control w2" ~QV9

15-Feb-2017 00:25:05

Trips
Oct Member 2014

Trips

Posts: 1,766 Mithril Posts by user Forum Profile RuneMetrics Profile
@S z we can change to that; it's usually up to the compiler to determine what the best price is while updating but leaving it as color +money would be fine

@Pop/Hyles I wouldn't mind either way. Both have their pros and cons so it would depend what majority of community wants

15-Feb-2017 15:38:47

Cyderman

Cyderman

Posts: 1,530 Mithril Posts by user Forum Profile RuneMetrics Profile
I wouldn't mind getting rid of the ranges, but I'm sure some would mind and it would become "HW" owned hats pc, which is bad I suppose. I would definitely be up for a vote though. My vote would be to get rid of them, or least remove them from our posted forum list. Maybe then we would actually get a full thread without bickering and whining from the self-righteous people on the thread. I was never here.

16-Feb-2017 07:50:09

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