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MathOnline Bidding Tips
The auction Web site known as eBay has become a vast marketplace, bringing together buyers and sellers of all sorts of goods. It has also become a handy laboratory for testing ideas in economics about markets and prices. In general, auctions ought to serve as an efficient mechanism for setting prices. Consequently, you would expect […]
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MathAbsolutely Abnormal
Identifying the normal (or even the abnormal) in mathematics can pose serious difficulties. In 1909, mathematician Émile Borel (1871–1956) introduced the concept of normality as one way to characterize the resemblance between the digits of a mathematical constant such as pi (the ratio of a circle’s circumference to its diameter) and a sequence of random […]
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