Using PageRank to rank sports teams
http://carlmeyer.com/pdfFiles/SASGF08RankingPaper.pdf In the article “Generalizing Google’s PageRank to Rank National Football League Teams”, the authors discuss a new application of the PageRank algorithm for ranking football teams. In this algorithm, you create a graph of all NFL teams and point an arrow from team a to team b if a lost to b, and then […]
Combatting Sniping in eBay Auctions
https://www.econlib.org/archives/2004/03/ebay_fun_and_so.htmlhttps://www.stat.berkeley.edu/~aldous/Research/Ugrad/selene_xu.pdf Sniping is a phenomenon that often occurs in online marketplaces with auctions that end at a specific time, such as eBay. Sniping occurs when a bidder submits a slightly higher bid at the very last second of the auction, preventing others from submitting a counter-bid. As the article discusses, this leads to a sense […]