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Bidding behavior

The impact of timing on bidding behavior in procurement auctions of contracts with private costs

The impact of timing on bidding behavior in procurement auctions of contracts with private costs

... aggressive bidding behavior after the format change is not due to a truncation of the distribution of bids at the lower end but due to effects that are persistent at every ...

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The impact of the irrelevant – Temporary buy-options and bidding behavior in online auctions

The impact of the irrelevant – Temporary buy-options and bidding behavior in online auctions

... In this study, we investigated the impact of BIN options on efficiency, revenues, and bidding behavior in a private value proxy-auction. In line with models of rational, payoff maximizing agents, we find ...

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The Effects of Induced Mood on Preference Reversals and Bidding Behavior in Experimental Auctions

The Effects of Induced Mood on Preference Reversals and Bidding Behavior in Experimental Auctions

... The preference reversal phenomenon is an important issue to examine since it reflects on how people behave “rationally”. It is considered an empirical regularity that was first noticed by psychologists (Slovic and ...

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Cognitive Ability and Bidding Behavior in Second Price Auctions: An Experimental Study

Cognitive Ability and Bidding Behavior in Second Price Auctions: An Experimental Study

... truthful bidding is the weakly dominant ...that bidding behavior is not influenced by information about rival bidders, a bidder’s risk attitude, ...rational behavior and exhibit a pattern of ...

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How Losses affect Bidding Behavior in Vickrey Auctions

How Losses affect Bidding Behavior in Vickrey Auctions

... Plott and Zeiler, 2005). But bidders do not seem to internalize foregone gains; although we do not rule out the endowment effect, bidders instead continue to escalate their commitment to an inferior strategy. These ...

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Liquidity Risk and Banks’ Bidding Behavior: Evidence from the Global Financial Crisis

Liquidity Risk and Banks’ Bidding Behavior: Evidence from the Global Financial Crisis

... is bidding at the maximum (limit) rate, thus the AB is equal to ...This behavior is interpreted as increased concern about a lack of liquidity on the part of the ...

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Competitive Bidding Behavior in Uniform-Price Auction Markets

Competitive Bidding Behavior in Uniform-Price Auction Markets

... this behavior likely has to do with the repeated aspect of the business: the theater and its customers have an implicit contract in which the customers can go to the theater confident of the price they will be ...

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Competitive Bidding Behavior in Uniform-Price Auction Markets

Competitive Bidding Behavior in Uniform-Price Auction Markets

... of bidding outlined above, as long as they act as though they ...performance, behavior should converge to the theoretically predicted ...the behavior confirms the tendency to bid above marginal cost ...

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An Empirical Analysis of the Impact of Hedge Contracts on Bidding Behavior

An Empirical Analysis of the Impact of Hedge Contracts on Bidding Behavior

... This bidding strategy will yield very low pool prices, which are desired so long as the actual amount capacity dispatched is less than the firm’s contract cover for that half- ...

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Menstrual cycle and competitive bidding

Menstrual cycle and competitive bidding

... While our findings shed some light on the research question, several issues remain that warrant further study. First, the measurement of the menstrual phases could be further improved by measuring hormone levels directly ...

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Bidding for Incomplete Contracts: An Empirical Analysis

Bidding for Incomplete Contracts: An Empirical Analysis

... As in the Big Dig, many construction projects involve a modification of the initial plans and specifica- tions. These typically result in a cost increase that follows from two sources. The first are the direct costs of ...

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Joint Bidding under Capacity Constraints

Joint Bidding under Capacity Constraints

... In this paper we analyze the anticompetitive effects of concentration of ownership in auction markets. We compare two different auction formats with uniform price. In the first, the price equals the highest accepted bid, ...

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Empirical Model of Auction bidding

Empirical Model of Auction bidding

... We collected a large set of empirical sponsored search data and performed an exploratory analysis, attempting to characterize and understand real-world search auction data. We found an aggregate exponential decay of ...

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Fuzzy Logic Based Effective Bidding Range Computation and Bidder s Behavior Estimation in Keyword Auctions

Fuzzy Logic Based Effective Bidding Range Computation and Bidder s Behavior Estimation in Keyword Auctions

... effective bidding range based on fuzzy logic which has threefold ...bidders bidding behavior which can help in predicting their revenues and lastly it can enforce the minimum reservation prices in ...

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Adaptive Bidding for Display Advertising

Adaptive Bidding for Display Advertising

... We now move on to the partially observable case, where information is revealed only to an auction’s winner. This problem is more difficult because the bidder must pay a cost in order to obtain information; specifically, ...

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Knowledge vs. Simulation for Bidding in Tarok

Knowledge vs. Simulation for Bidding in Tarok

... about bidding. At the time of bidding decision, prior prob- abilities in top level nodes are set according to the current state of the game and the probabilities of loss and win are computed by Equation ...

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Unsound strategic bidding and the competition perspective

Unsound strategic bidding and the competition perspective

... An additional form of UNSB is where bidders structure the bid and price on the basis that they do not intend to fulfil all obligations under the terms of the relevant agreement. This rarely becomes a violation of the law ...

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Strategic bidding with regard to demand elasticity

Strategic bidding with regard to demand elasticity

... Results of the proposed image denoising method is compared to the VisuShrink soft threshold image denoising method, both perceptually and in terms of Peak Signal to Noise Ratio (PSNR).[r] ...

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ค ม อการใช งานผ ค าก บภาคร ฐ (Electronic Bidding : e-bidding)

ค ม อการใช งานผ ค าก บภาคร ฐ (Electronic Bidding : e-bidding)

... คู่มือการใช้งานผู้ค้ากับภาครัฐ (Electronic Bidding : e-bidding). จัดทําโดย[r] ...

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Alternate Bidding History and Requirements

Alternate Bidding History and Requirements

... ∗ Life Cycle Cost Analysis ( LCCA ) to evaluate these pavement types over a 50 year analysis period. ∗ All Projects will be Designed utilizing Mechanistic- Empirical Pavement Design Gu[r] ...

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