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C(q) = b \cdot \ln\left( \sum_{i=1}^{n} e^{q_i / b} \right)
Or is it modified in any way (e.g., using a different log base, normalization constants, or weighting)?q_i
(quantity of shares) initialized from probability? I’m initializing shares using:q_i =b \cdot ln(p_i)
wherep_i
is the initial market-implied probability (e.g., 24% means 0.24). Is this what you use? Or is it something like:q_i = b \cdot ln(p_i/p_0)
Or any other transformation?Want to ride with the bestie?
its-even-crazier.patch
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