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Exercise 4. Standing Ovation.
Exercise 4. Standing Ovation. Consider the situation in which
people are seated in an auditorium listening to a brilliant
performance. At the end, the applause begins, and perhaps a standing
ovation ensues. The exercise is to model the process of a standing
ovation. You should consider potentially interesting future
directions for your model. You should also consider whether there
are some economic or social scenarios that could be usefully
modeled using such a process.
This exercise is adapted from a homework problem given in the 1995 Santa
Fe Institute Graduate Workshop in Computational Economics. It was
placed on the Internet
with some original answers at
http://zia.hss.cmu.edu/econ/homework95.html.
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Revised November 4, 1996.