Njordr: market maker settled, no Delvehold surface to cut against
Co-Authored-By: Claude Fable 5.1 <noreply@anthropic.com>
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@ -370,17 +370,21 @@ Delvehold's interior included, so Greathold recipes, facilities, capacity,
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inventories, orders, and prices are Njörðr lots, recipes, markets, and
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quotes, and Delvehold's civic organs author policy as demand rows and
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carrier policies rather than running a second ledger; the Unity embedding is
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the Rust engine as a native plugin over a C ABI.
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the Rust engine as a native plugin over a C ABI; the market maker is the
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logarithmic market scoring rule, one liquidity parameter per market and
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class, chosen for its bounded loss.
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Delvehold has no existing economy surface to cut against: its world host
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names a commons market id and nothing else. The shape is therefore
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constrained only by the invariants above and by the verification fixtures
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below, which is why those fixtures are written before the engine is.
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Still the operator's:
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1. The market maker: logarithmic scoring rule versus constant-function curve.
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Recommend the scoring rule for its bounded loss and single liquidity
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parameter per market.
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2. Resolved by the engine split: a shipment sails because a carrier policy
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1. Resolved by the engine split: a shipment sails because a carrier policy
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fires, and the policy is data. Online, a Ghostlight carrier subject owns
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and amends its policy, so a pirate's victim has a name, a route, and a
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grudge; offline, the seeded policies run. What remains the operator's is
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the policy vocabulary's first cut: which thresholds and preferences the
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seeding run may author.
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3. The policy vocabulary's first cut, as above.
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2. The policy vocabulary's first cut, as above.
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