| bio | website | math.utep.edu/faculty/… |
|---|---|---|
| location | El Paso, TX | |
| age | 31 | |
| visits | member for | 11 months |
| seen | Jun 20 '12 at 9:06 | |
| stats | profile views | 1 |
Computational Science PhD student - University of Texas El Paso
Lecturer - University of Texas El Paso
M.S. Applied Mathematics - University of New Mexico
B.S. Mathematics and Spanish - University of New Mexico
Climate & Energy Science Student Organization President
National Energy Technology Laboratory Intern
Los Alamos National Laboratory Intern
NASA Ames Research Center Intern
NSF LSAMP Fellow
XSEDE Scholar
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Jun 19 |
awarded | Student |
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Jun 17 |
comment |
How do I determine the optimal price to maximize profit from a contest? That's true... It would be nice if we had enough money as they do at MIT, where a contest like this has a grand prize of $100K, enough to actually create a startup company... It really should be the prestige and "CV padding" that should be the main focus, and the cash prize secondary. |
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Jun 17 |
comment |
How do I determine the optimal price to maximize profit from a contest? The scenario of your friend seems more like what I had in mind originally, but I don't want to make the same mistake... How do you feel she could have done things better? |
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Jun 17 |
comment |
How do I determine the optimal price to maximize profit from a contest? I like the idea of scaling the prizes based upon the number of tickets sold, but I foresee one other problem with it: advertising. If potential customers don't know exactly what they can expect to win, they are less motivated to purchase a ticket. How can I account for this too? |
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Jun 17 |
comment |
How do I determine the optimal price to maximize profit from a contest? Is the only way to determine the demand by experimentation (trial and error)? What techniques can I use to determine an expected number of tickets to be sold? |
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Jun 15 |
awarded | Supporter |
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Jun 15 |
revised |
How do I determine the optimal price to maximize profit from a contest? added more detail about market studies. |
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Jun 15 |
awarded | Editor |
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Jun 15 |
revised |
How do I determine the optimal price to maximize profit from a contest? added 21 characters in body |
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Jun 15 |
awarded | Autobiographer |
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Jun 15 |
asked | How do I determine the optimal price to maximize profit from a contest? |