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RE: Simulating a Steem curation rewards distribution that is modeled after a 2nd price auction

in #blog6 years ago (edited)

From a game theory perspective we probably need to formalize the model with a payoff matrix to see how different strategies playout. Although with the complexaties of the steem reward pool it's an ardous task.

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I guess the thing to do is take a careful look at the paper with the Steem voting analysis, from my post the other day, as well as the original 2nd-price auction analysis by William Vickrey that gametheory.net references, and try to combine the methods for an analysis of 2nd-price inspired voting.

Probably not an effort that I'll have time for in the near future, though.

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