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allenz

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I'm a researcher in the bay area. I love meeting new people, so if you want to talk about life, books, tech, econ, feel free to email me at 87539319t+hn@gmail.com.

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To add a bit of context: brokerages like Robinhood send buy/sell orders to national exchanges and to private trading firms e.g. high-frequency traders. Private firms provide price improvement: orders that execute at prices better than the national exchange. All brokerages have a duty of best execution, including a duty of price improvement. Brokerages can also receive payment for order flow from private firms, as long as it does not interfere with best execution. However, "Robinhood explicitly offered to accept less price improvement for its customers... in exchange for receiving a higher payment for order flow," which is illegal.

Full order: https://www.sec.gov/litigation/admin/2020/33-10906.pdf

People are perfectly capable of distinguishing between browsers and websites. For example, users have no problem logging into Facebook with Chrome.

Auto-signin only adds confusion. Many (most?) users have no reason to associate their browser with a Google account. This is something that Google is pushing unilaterally, just like Google+/YouTube integration. As an advertising company, they stand to benefit from more accurate user tracking.

CamTin was saying that workers should be considered investors in a moral sense: they put time and effort into the company and deserve a share of the profits. Obviously, workers are not investors in the literal sense.

You're still making an ideological argument, though you might not realize it.

The question is whether workers should have some degree of ownership and control of their company. You point out that the workers voluntarily gave that up.

The broader question is whether free market outcomes must be fair/best. What you ignore is that in an unjust society with imbalances of power, markets will reflect and amplify those inequities.

For example, what do you make of the fact that most board members are white men? Will you argue that this is the fair outcome? Or is it possible that there other explanations and better outcomes?

That is surprisingly high. Presumably the queries weren't actually made years ago. There are many possible explanations: incorrect DNS clients, incorrect system clocks, automated scripts scraping into a DNS database, misconfigured embedded/IoT devices, etc.

Yes, time complexity is based on the length of the input to a Turing machine. For example, integer factorization is a hard problem because all known algorithms are roughly exponential in the number of bits.

In addition to the incentive problem, you would also need to get people to peer review any changes to a paper. Most of the changes would be minor and annoying to peer review.

I think that courses remain the best way of distilling and communicating knowledge. The only problem is that they're not always available to a lay audience, since there's little incentive to make them available.

The other alternative for the lay audience is science/economics journalism (Economist, Scientific American, Discover, etc). This works to some extent but mostly just scratches the surface, since even regular journalism is struggling to be profitable these days. With deep technical topics there are too few readers and too few qualified, willing writers.

Most departments are heterogeneous, with mutually unintelligible subfields. CS encompasses both information theory and robotics. Cultural anthropology has little in common with medical anthropology.

your example has never happened

My example would apply whenever an analyst comments on AA or whenever any polarized headlines is published about AA.

It is the point of the markets to reward [information]

But that's exactly what we're debating: why is updating information a couple microseconds earlier something that is valuable? Conversely, if it doesn't make the market more efficient, it shouldn't be rewarded.

Since you mainly want to talk about market microstructure, how do you think a switch to batch auctions would affect the market?