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421.
by orijing 16y ago
That's quite a misapplication of micro theory. The supply-demand diagram doesn't apply (very well) in cases without complete information, for instance. For example, there are many customers who aren't even aware of the businesses being adve
422.
by orijing 16y ago
I definitely sympathize with you. What about payroll taxes in Australia? Are there any (and if so, how much?). Federal income taxes aren't the last of my withholdings... There are California state taxes, medicare taxes, and Social Security
423.
by orijing 16y ago
> Consider two further points based on this graph: first, if the highest income earners today were required to pay the same rate that they paid for many years after 1945, the federal government would need far lower deficits to support t
424.
by orijing 16y ago
Yea, the conversion barrier is a big one. The argument rested solely on the "expected value" of applying versus not, where E[applying] = E[marginal value] - E[marginal cost] = Pr(Will get a job and take it) * $4166 - $100. So if Pr(Will get
425.
by orijing 16y ago
Hi everyone, author here. Thanks for all the comments. I love it here because HN is always so critical (but not in the hateful way that Reddit makes me sick). Keep the criticisms coming.
426.
by orijing 16y ago
Ah, makes sense. Thanks.
427.
by orijing 16y ago
Not sure why you were downvoted for that because you bring up a good point (upvoted). The thing is, that would encourage people to apply for the sake of gaming the system--essentially wasting a lot of recruiting time even if they didn't wan
428.
by orijing 16y ago
It's interesting that you bring up adverse selection issues, because I thought it would reduce them. 1. Can you explain why fan boys would be "bad" for Google? 2. The argument was that if your probability of being accepted is greater than 4
429.
by orijing 16y ago
That's a great point you bring up. Of course one of the assumptions, which may be wrong, is that Google is a desirable place to work. If you are a highly desirable employee, you would likely get an offer at Google and have your application
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Radical Solution to Google's Hiring "Problem"(dailycow.org)
20 points by orijing 16y ago|32 comments
431.
by orijing 16y ago
I agree with your point, but doesn't this analogy extend to the states too? I don't know which states import more than they export, but should they be saying "Where's the handout?" Ironically the states most in need of help have been saying
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by orijing 16y ago
Great question. My first instinct would be that none of the gains are as dramatic as the drops. Basically this change gets rid of most of the negative outliers.
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by orijing 16y ago
1. No, I am not saying that. Please try to understand what I'm saying. I meant less frequent updates you have to pay for. 2. What do you mean "playing semantics"? Its service packs are about as frequent as OS X's. 3. I am referring to the i
434.
by orijing 16y ago
Don't forget though that operating systems don't come out nearly as often for Microsoft--once every 3-5 years, and you don't pay for service pack upgrades. Apple makes you pay for those service packs (Think Snow Leopard). BTW upgrades (alth
435.
by orijing 16y ago
My first thought: Facebook Facebook added high-resolution images to compete with Google's potential social network offering. On the other end, Google now made low-resolution images and videos "free" to attack that side of the market. My rea
436.
by orijing 16y ago
You forgot that your wealth compounds.
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by orijing 16y ago
To me, this seems like something most selfishly rational people will not pursue--because it's mainly an externality that you're paying for with your time. However, most people are pursuing these due to principle, and perhaps to protect thei
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by orijing 16y ago
Did anyone else find it ironic that it was published by someone at Princeton?
439.
by orijing 16y ago
I don't know about Twitter and HuffPo, but I'm certainly amazed by how quickly Facebook's bottom line has rocketed recently. Let's take a look: http://www.msnbc.msn.com/id/41521349/ns/business-us_business... That's 250m of net income in t
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by orijing 16y ago
From the link: What is the next line in the following sequence: 1 11 21 Answer: it's 1211 and the next is 111221 Why would 31 and 41 be illogical answers? I understand where 1211 comes from, but 31 and 41 are totally logical IMO. It's a lin
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by orijing 16y ago
Relevant: http://dilbert.com/strips/comic/2011-02-20 According to Dilbert at least, lying is common...
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by orijing 16y ago
I respectfully disagree with your analysis. Let me explain why through an example. Suppose you have two options, A and B (seen below): A: Work for large company Z which reaches 100 million people already through a $10 product. You make an i
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by orijing 16y ago
I follow you except for the note about CPI underestimating inflation. There's actually a lot of debate about this (see http://en.wikipedia.org/wiki/United_States_Consumer_Price_In... for an informal look), and I personally think it overes
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by orijing 16y ago
In addition to what the guy above (below?) me said, it's because of the similarity of the direction and grammar of the European languages vs. Japanese, for instance, where the verb is at the end. Translation systems typically rely heavily o
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by orijing 16y ago
I think you mean "byte" (8 bits) but that's unfortunate... At least it didn't wrap around to 0, right?
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by orijing 16y ago
Just a note: The RMS method assumes independence (or at least 0 correlation). Often one "worst case" happening might be more likely if another "worst case" happens, because mistakes are often positively correlated.
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by orijing 16y ago
Nope, I had nearly 80 units going into UC Berkeley but am still taking four years to graduate, not to mention taking 5 classes or so a semester...
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by orijing 16y ago
> I haven't had credit cards in years That raises flags for me, because as far as I know from what I've read, some of the key components of your credit score are 1. length of credit history (i.e. if the average age of your open credit l
449.
by orijing 16y ago
What would stop them from just giving their money away before they die?
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by orijing 16y ago
You might want to go through all your pages and do a spelling/grammar check. For example, take a look at this: http://rentpost.com/tenants "Your rental property now comes standard with it's very own web dashboard" When I see an error like

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