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first-price sealed-bid

Procuring Commodities: First Price Sealed Bid or English Auction?

Procuring Commodities: First Price Sealed Bid or English Auction?

... the first price sealed bid auction (FPA) and the English auction ...considers price the sole differentiating attribute among ...FPA, price performance and bidding behavior are ...

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Secure first-price sealed-bid auction scheme

Secure first-price sealed-bid auction scheme

... new first-bid e- auction scheme based on secret sharing, which achieved bids ...ing sealed-bid ...the bid privacy prob- lem in sealed bid auctions, and the authors proved ...

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SEAL : sealed bid auction without auctioneers

SEAL : sealed bid auction without auctioneers

... decentralized first-price sealed-bid auction protocol that guarantees exclusive-privacy, and in the meanwhile achieves a linear system complexity with respect to the bit length of the ...

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Security and Privacy of Online Sealed Bid Auction

Security and Privacy of Online Sealed Bid Auction

... Sealed first-price auction also known as a First-Price Sealed- Bid Auction ...submit sealed bids so that no bidder knows the bid of any other ...the ...

5

The Strategic Behavior of Rational Novices

The Strategic Behavior of Rational Novices

... In both the voluntary contribution game and the first price sealed bid auction, the rational novice model is shown to provide better explanations to experimental data than Nash models...[r] ...

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SEAL:  Sealed-Bid  Auction  Without  Auctioneers

SEAL: Sealed-Bid Auction Without Auctioneers

... decentralized first-price sealed-bid auction protocol that guarantees exclusive-privacy, and in the meanwhile achieves a linear system complexity with respect to the bit length of the ...

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Estimating risk aversion from ascending and sealed bid auctions: the case of timber auction data

Estimating risk aversion from ascending and sealed bid auctions: the case of timber auction data

... both first-price sealed-bid auctions and ascending ...adopt first-price sealed-bid ...bidders bid on species and when payments are based on actual harvested ...

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Outperforming the competition in multi unit sealed bid auctions

Outperforming the competition in multi unit sealed bid auctions

... the first price auction result examined in [2], because in that case, we do not observe the behavior of bidding more than the true ...the price paid by all winners is the same and equal to the lowest ...

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On the Complete Information First  Price Auction and its Intuitive Solution

On the Complete Information First Price Auction and its Intuitive Solution

... …rst-price sealed-bid auction mecha- nism under complete information does not possess a pure strategy Nash ...…rst-price sealed-bid auction mechanism un- der these ...

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A note on the inefficiency of bargaining over the price of a share

A note on the inefficiency of bargaining over the price of a share

... submit sealed bids, which determine the price per unit share of the ...the price per unit share depends only on the first and second-highest bids, and is (weakly) increasing in each of these ...

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A Profitable Sponsored Search Mechanism

A Profitable Sponsored Search Mechanism

... study first investigated the role of the Internet users, advertisers and search engine and their interactions in a search ...as first-price auction, second-price auction, α ranking model, and ...

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On the lowest winning bid and the highest losing bid auctions

On the lowest winning bid and the highest losing bid auctions

... the price is usually given by the lowest winning ...uniform- price auctions, on the other hand, assume that the price is given by the highest losing bid ...

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A Game Theoretic Resource Allocation Model Based on Extended Second Price Sealed Auction in Grid Computing

A Game Theoretic Resource Allocation Model Based on Extended Second Price Sealed Auction in Grid Computing

... Abstract—In resource-limited environment, grid users compete for limited resources, and how to guarantee tasks’ victorious probabilities is one of the most primary issues that a resource scheduling model cares. In order ...

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Efficient Price and Utility based Congestion Control in the Next Generation Networks 4G

Efficient Price and Utility based Congestion Control in the Next Generation Networks 4G

... appropriately so that they can generate high revenue and meet the expectation of the users. To achieve such goals, price for network services must change in response to the fluctuation of demand. The relationship ...

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Tight Bounds for the Price of Anarchy of Simultaneous First Price Auctions

Tight Bounds for the Price of Anarchy of Simultaneous First Price Auctions

... second price (GSP) auctions used by AdWords [Edelman et ...ascending price auctions for wireless spectrum allo- cation [Milgrom 2000], or independent second price auctions on ...the price of ...

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The Budapest liquidity measure and the price impact function

The Budapest liquidity measure and the price impact function

... the price impact of transactions, that is, the additional costs which are not paid as an explicit cost of ...mid price of 400 ...the price impact. From this 20 cents, 7 cents cover the half of the ...

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Cost Overrun in Construction Projects in Saudi Arabia: Contractors’ Perspective

Cost Overrun in Construction Projects in Saudi Arabia: Contractors’ Perspective

... Al-Momani (1996) conducted a study of construction cost prediction for public school buildings in Jordan. The study conduct a data of 125 school projects carried out in Jordan for the period 1984 - 1994. The results ...

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Capturing the way in which risk appetite is integrated within the bid/ no bid heuristics of a contractor’s business unit

Capturing the way in which risk appetite is integrated within the bid/ no bid heuristics of a contractor’s business unit

... When researching the possible relation between risk appetite and heuristics, it is first important to recognize that risk appetite is intangible and cannot be measured directly. This can be illustrated by the ...

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Price-takers’ bidding strategies in joint energy and spinning reserve pay-as-bid markets

Price-takers’ bidding strategies in joint energy and spinning reserve pay-as-bid markets

... In [16], the authors of this paper formulated the joint bidding problem in energy and spinning reserve markets, from the viewpoint of a GenCo considering a joint Probability Density Function (PDF) for the market clearing ...

8

Multiple equilibria in asymmetric first price auctions

Multiple equilibria in asymmetric first price auctions

... may be additional non-standard equilibria where some buyers make an ac- ceptable bid above their values. We …nd that this multiplicity is non-trivial in the sense that both revenue and the allocation of the good ...

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