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Auction Theory Auction Theory

Auction Theory - PowerPoint Presentation

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Uploaded On 2017-10-22

Auction Theory - PPT Presentation

Types Of Auction English Auction calling Out lower Price and raising it auction stops when there is only one interested bidder Dutch Auction begins by calling out a price high enough price is gradually lowered until some bidder indicates interest ID: 598396

bid price bidder auction price bid auction bidder bidding object reserve pay revenue values sealed highest wins independently pays

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