Symplicity algorithm

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somethingdemure
Posts: 70
Joined: Sun Jun 19, 2011 8:28 pm

Symplicity algorithm

Postby somethingdemure » Fri Jul 22, 2011 2:27 pm

Does the symplicity algorithm operate mechanically based on the RANK of the bids? Or is there some built in coefficient of PRIORITY based on how many interviews the person has previously gotten in the lottery?

For example:
My friend and I both bid firm A at #1 and firm B at #2. Tons of people bid on both these firms with very high bids. My friend gets firm A from the lottery and I don't. Does the algorithm correct for this and give me a better shot than my friend at firm B, either by shifting all of my bids up when I don't get an interview, or by prioritizing everyone's bids based on how many interviews they already have?

somethingdemure
Posts: 70
Joined: Sun Jun 19, 2011 8:28 pm

Re: Symplicity algorithm

Postby somethingdemure » Fri Jul 22, 2011 2:38 pm

Definitely meant to post this in Legal Employment. Oh well.

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starchinkilt
Posts: 361
Joined: Mon Sep 28, 2009 4:22 am

Re: Symplicity algorithm

Postby starchinkilt » Fri Jul 22, 2011 2:43 pm

I tried to ask career services this same question and they didn't even know how the algorithm worked at all :lol:

missinglink
Posts: 946
Joined: Mon Dec 07, 2009 12:49 am

Re: Symplicity algorithm

Postby missinglink » Sat Jul 23, 2011 3:28 am

I was wondering this as well. I asked a couple people at OCS and no one really knew exactly how Symplicity did its magic.

somethingdemure
Posts: 70
Joined: Sun Jun 19, 2011 8:28 pm

Re: Symplicity algorithm

Postby somethingdemure » Sat Jul 23, 2011 3:56 am

Well our OCS intimated that the algorithm gives priority to those with fewer interviews; just wanted to see if anyone else knew for sure. At any rate, the bidding period's over, so I'll never need to know!

morningjoe
Posts: 8
Joined: Fri Mar 04, 2011 9:40 pm

Re: Symplicity algorithm

Postby morningjoe » Mon Jun 25, 2012 10:37 pm

Bumping this forum for 2012.

Does anyone know how Symplicity prioritizes bids as proposed in OP's example? This becomes very important in terms of bidding strategy.




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