A proportional weight-update rule creates implicit binary evaluation signals that propagate losslessly through hierarchical selectors while preserving algebraic market integrity and admitting unique interior equilibria.
Combinatorial information market design.Information Systems Frontiers, 5(1): 107–119, 2003
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Implicit Evaluation Under Minimal Information: Price Formation in Hierarchical Component Selection
A proportional weight-update rule creates implicit binary evaluation signals that propagate losslessly through hierarchical selectors while preserving algebraic market integrity and admitting unique interior equilibria.