source
) - Mechanical Turk's rake was “20% (…) on the reward and bonus amount”, with a minimum fee of $0.01 per bonus payment, so a 7-cent bonus is billed one cent instead of 1.4: an effective 14.3% instead of 20%. The requester's round_payment() snaps every payout onto the 5-cent…
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A Rake Too Far: Optimal Platform Pricing Strategy abovethecrowd.com
A bit of vocabulary: “In a casino, the term rake refers to the commission that the house earns for operating a poker game. (…) While casinos use the term rake, a plethora of interesting word choices exist which all describe the same thing – keeping a little bit of the revenue…
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Mechanical Turk mturk.com
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Twenty five thousand dollars of funny money web.archive.org
Same error as above at Google Ads, or the danger of separating your pennies from your dollars, where $250 internal coupons turned into $25,000. My advice: get rid of integers and floats for monetary values. Use decimals. Or fallback to strings and parse them, don't validate.
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source news.ycombinator.com
) - Simple explanation of the bidding mechanism.
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money github.com
Handling money and currency conversion with ease (almost complete port of RubyMoney)
Billing › Marketplace: “) - Mechanical Turk's rake was “20% (…) on the reward and bonus amount”, with a minimum fee of $0.01 per bonus payment, so a 7-cent bonus is billed one cent instead of 1.4: an effective 14.3% instead of 20%. The requester's round_payment() snaps every payout onto the 5-cent…”