Agent Skills: auction-first-price-shading
Computes the optimal shaded bid for a first-price sealed-bid auction given a true private value, an estimate of the number of competing bidders N, and a value-distribution assumption. Implements the `(N-1)/N` equilibrium shading rule for uniform private values, adjusts for log-normal or empirical value distributions, layers a risk-aversion adjustment, and caps output against the bidder's remaining budget. Domain-neutral auction theory reusable across fantasy sports (baseball FAAB, NBA/NHL waiver auctions), prediction-market limit sizing, sealed procurement bids, and any blind-bid context. Use when user mentions "first-price auction bid", "sealed bid shading", "(N-1)/N", "FAAB bid amount", "auction shading", "optimal bid first-price", "bid for sealed-bid", "blind bid sizing", or when downstream logic needs a principled shade factor rather than an ad-hoc heuristic.
Install this agent skill to your local
Skill Files
The files that make up auction-first-price-shading.
More agent skills
- adr-architectureDocuments significant architectural and technical decisions with full context, alternatives considered, trade-offs analyzed, and consequences understood. Creates a decision trail that helps teams understand why decisions were made. Use when choosing between technology options, making infrastructure decisions, establishing standards, migrating systems, or when user mentions ADR, architecture decision, technical decision record, or decision documentation.
- notionNotion CLI/API for pages, Markdown content, data sources, files, comments, search, Workers, and raw API calls.
- doc-freshness-reviewUse when auditing repository documentation for drift, stale statements, broken references, or README mismatches, especially across published docs under `doc/` and key entry surfaces such as `README.md` (English default), `README.zh-CN.md`, `mcp/README.md`, and `mcp/README.zh-CN.md` during periodic maintenance or before preparing corrective PRs.
- react-component-documentationCreate or update component documentation in Sentry's MDX stories format. Use when asked to "document a component", "add stories", "write component docs", "create an mdx file", "add a stories.mdx", or document a design system component. Generates structured MDX with live demos, accessibility guidance, and auto-generated API docs from TypeScript types.
- github-cache-hygieneGitHub quota/cache hygiene: Gitcrawl archives, Octopool-backed gh, freshness, limits.
- extending-hobby-smoke-testsDesign, extend, review, or debug PostHog Hobby end-to-end smoke tests in bin/hobby-ci.py and .github/workflows/ci-hobby.yml. Use when adding an ingestion round trip, deciding whether a product belongs in Hobby CI, changing the CI Hobby service topology or API-key scopes, or diagnosing a smoke test that captures data but cannot query it.