Minimal Flat Knotted Ribbons
  This paper gives mathematical models for flat knotted ribbons, and makes specific conjectures for the least length of ribbon (for a given width) needed to tie the trefoil knot and the figure eight knot. The first conjecture states that (for width one) the least length of ribbon needed to tie an open-ended trefoil knot is L = 4(F + 1)/Sqrt[2 + F] where F = (1 + Sqrt[5])/2 is the golden ratio. The second conjecture states that the least length of the figure eight knot (in the same sense) is 32/Sqrt[15]. 
Louis H. Kauffman