I'm new to Manifold Markets but it seems to be there is still an adverse selection issue with placing limit orders? Like for example there's no incentive to place an order on the book because some real life event could happen when I was asleep and my trade will be picked off. The usual way to address this would be providing some sort of small rebate to a limit order to compensate me for that adverse selection risk.
Instead of ranking all bettors who are not top 5, put them in quintiles. That reduces their incentive to play games to improve their ranking, instead encouraging them to focus on making good bets.
I just want to clarify that the rule change #4 in your list is not implicitly removing the previous rule that we need to bet on 20 markets with $50 each in order to qualify, right? It is still in effect?
Not explicitly changing it, no. It’s probably useless for reasons you’ve pointed out but it’s at least a token measure that shows people placing a wide range of bets.
I'm new to Manifold Markets but it seems to be there is still an adverse selection issue with placing limit orders? Like for example there's no incentive to place an order on the book because some real life event could happen when I was asleep and my trade will be picked off. The usual way to address this would be providing some sort of small rebate to a limit order to compensate me for that adverse selection risk.
Instead of ranking all bettors who are not top 5, put them in quintiles. That reduces their incentive to play games to improve their ranking, instead encouraging them to focus on making good bets.
Your site has bugs, I signed up and completed the survey but only have 10 dollars to bet.
That happens if you try to register for multiple accounts, because you're only supposed to play with one. Is that what you did?
I just want to clarify that the rule change #4 in your list is not implicitly removing the previous rule that we need to bet on 20 markets with $50 each in order to qualify, right? It is still in effect?
Not explicitly changing it, no. It’s probably useless for reasons you’ve pointed out but it’s at least a token measure that shows people placing a wide range of bets.