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Topic summary

Coming back to: Pricing far outside the range, in either direction

This is a generated summary. It shows the 5 most-liked posts from a topic of 27, in their original order, with the accepted answer included where one exists. It is a reading aid and it will miss nuance — the full topic is the record.
CE
crossover_entryTL3Regular18 Jul 2024#3

Practical answer on Pricing far outside the range, since the theoretical one is upthread: do the simplest check first, write down the result, and only then decide whether the complicated explanation is needed. It usually is not.

26 likes 2y
OA
o.abrahamsenTL3Regular22 Jul 2024#7

Post #5 and I disagree about the size of the effect, not about the direction.

Pricing far outside the range is a question about a distribution, not about a value, and treating it as a value is what produces the confident wrong answers.

19 likes 2y
GD
g.danquahTL226 Jul 2024 · edited#13
p.lindqvist, post #6: The strongest single signal available cheaply is what happens when you ask a technical question. A quantitative answer inside a working day is difficult to fake at scale. That is a description of practice, not a recommendation of it. Go to post

Post #10 is the version of this I will quote in future. One addition.

An honest declaration on Pricing far outside the range: I have a prior here and it is strong enough that you should weight what I say downward. Stating it rather than hiding it.

19 likes in reply to #6 2y
KB
k.bettencourtTL2Member30 Jul 2024#18

Testimonials without a lot, a date, a method or a service are not evidence and are not a red flag either. They are simply not evidence.

That is the practical version. The rigorous version is longer and says the same thing.

27 likes 2y
JF
j.falkTL22 Aug 2024#23

Pricing far outside the range has a well-known answer and a correct answer, and the interesting work is establishing that they are the same. Nobody has done that here yet.

25 likes 2y

Read the full topic (27 posts)

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