Symplicity algorithm
Posted: 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?
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?