Monday, February 27, 2012

OPEC Do-Over

Dear Gamers,

I found the error in the simulator. Basically, the sum of all the OPEC quantities was coded as fixed rather than as reflecting the actual sum.

Here is the proposed fix. Since round 1 numbers were submitted legitimately, I reran the simulator with those quantities. The revised price results are

Market A: Price = $92.31, Quantity = 71,525
Market B: Price = $95.66, Quantity = 70,393

We will redo round 2 tonight at midnight. All subsequent rounds are the usual Mon, Wed, Fri at midnight schedule.

Sorry for the confusion.

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