The Ski Rental Problem
lesves.github.io
The Ski Rental Problem
1–10 of 98 posts
Re: The Ski Rental Problem
#2Do like many people in Switzerland and just rent skis for the full season. That way you get a new pair every year. You should own your own custom-fitted boots though.
Re: The Ski Rental Problem
#3Do like many people in Switzerland and just rent skis for the full season. That way you get a new pair every year. You should own your own custom-fitted boots though.
Obviously, the skiing is not what the article is about, really.
Re: The Ski Rental Problem
#4Is this related to the secretary problem?
Re: The Ski Rental Problem
#5Do like many people in Switzerland and just rent skis for the full season. That way you get a new pair every year. You should own your own custom-fitted boots though.
it's cheaper to just buy your own pair at that point, not to mention that those skis are usually beat up, and mostly beginner/intermediate level...
Re: The Ski Rental Problem
#6Is this related to the secretary problem?
Kind of, in the sense that you need to make a decision about something mid-way when there is still some unknown information ahead of you.
Re: The Ski Rental Problem
#7Maybe the relatable concept is just a stepladder to the general ongoing scenario, eg. modeling all consumers from a retailer’s perspective. Otherwise, the continuous to discrete assumption reads as a hand-wavy fiat.
Could someone who groks this math tell me why not buy the skis once you’ve paid half their price on rentals?
Re: The Ski Rental Problem
#8Maybe the relatable concept is just a stepladder to the general ongoing scenario, eg. modeling all consumers from a retailer’s perspective. Otherwise, the continuous to discrete assumption reads as a hand-wavy fiat. Could someone who groks this math tell me why not buy the skis once you’ve paid half their price on rentals?
Why stop there and instead buy when 33% of the equipment cost is spent on renting?
Re: The Ski Rental Problem
#9Do like many people in Switzerland and just rent skis for the full season. That way you get a new pair every year. You should own your own custom-fitted boots though.
it's cheaper to just buy your own pair at that point, not to mention that those skis are usually beat up, and mostly beginner/intermediate level...
In Switzerland it varies. Many places will also offer expert hire where you get brand-new skis and at the end of the season you can choose to buy them for cost.
Re: The Ski Rental Problem
#10Earlier quoted context omitted.
it's cheaper to just buy your own pair at that point, not to mention that those skis are usually beat up, and mostly beginner/intermediate level...
In Switzerland it varies. Many places will also offer expert hire where you get brand-new skis and at the end of the season you can choose to buy them for cost.
FYI, the rental skis, even if they look the same as the same skis you could buy retail are not the same. They have bigger edges and a dicker base. The bindings are not the same.
This is because they are built to go through the machine after each rental. Good retails skis have less "robust" but faster, thinner base, they would be dead after 3 months of rental.
Source: I spend way too many hours each season in a ski shop taking care of a mix of rental and competitive hardware.