Auction Tactics
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Auction Tactics
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Author : Bryant McCampbell
language : en
Publisher: Cosimo, Inc.
Release Date : 2005-12-01
Auction Tactics written by Bryant McCampbell and has been published by Cosimo, Inc. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-12-01 with Business & Economics categories.
Good fellowship should always prevail. When a brilliant coup takes place and you happen to be the unfortunate victim of the attack, good nature prompts that you join in the fun, which it occasions. Admit, with genuine candor, that you swallowed bait, hook, and sinker. Next time, it will probably be your turn to catch the other fellow.-from "Auction Thrills"With the rise of online gaming, card sharks have the opportunity to face off against some of the best players in the world. First published in 1916, it offers numerous tactics for engaging in sound bidding as the basis for reliable but still exciting game play, as well as advice for becoming a "brilliant" player, one who engages in the game with a well-conceived strategy and an aggressive attitude that will ensure a win... and a good time for all players.Get the advantage over them with this complete guide to the bidding game at Auction.
A Primer On Auction Design Management And Strategy
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Author : David J. Salant
language : en
Publisher: MIT Press
Release Date : 2014-12-19
A Primer On Auction Design Management And Strategy written by David J. Salant and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-19 with Business & Economics categories.
A guide to modeling and analyzing auctions, with the applications of game theory and auction theory to real-world auction decision making. Auctions are highly structured market transactions primarily used in thin markets (markets with few participants and infrequent transactions). In auctions, unlike most other markets, offers and counteroffers are typically made within a structure defined by a set of rigid and comprehensive rules. Because auctions are essentially complex negotiations that occur within a fully defined and rigid set of rules, they can be analyzed by game theoretic models more accurately and completely than can most other types of market transactions. This book offers a guide for modeling, analyzing, and predicting the outcomes of auctions, focusing on the application of game theory and auction theory to real-world auction design and decision making. After a brief introduction to fundamental concepts from game theory, the book explains some of the more significant results from the auction theory literature, including the revenue (or payoff) equivalence theorem, the winner's curse, and optimal auction design. Chapters on auction practice follow, addressing collusion, competition, information disclosure, and other basic principles of auction management, with some discussion of auction experiments and simulations. Finally, the book covers auction experience, with most of the discussion centered on energy and telecommunications auctions, which have become the proving ground for many new auction designs. A clear and concise introduction to auctions, auction design, and auction strategy, this Primer will be an essential resource for students, researchers, and practitioners.
Game Theory Bargaining And Auction Strategies
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Author : Gregor Berz
language : en
Publisher: Springer
Release Date : 2016-04-30
Game Theory Bargaining And Auction Strategies written by Gregor Berz and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-30 with Business & Economics categories.
This text bridges the gulf between theoretical economic principles of negotiation and auction theory and their multifaceted applications in actual practice. It is intended to be a supplement to the already existing literature, as a comprehensive collection of reports detailing experiences and results of very different negotiations and auctions.
Bidding Strategies In Agent Based Continuous Double Auctions
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Author : Huiye Ma
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-09-15
Bidding Strategies In Agent Based Continuous Double Auctions written by Huiye Ma and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-09-15 with Computers categories.
This book provides a new bidding strategy for agents to adopt in continuous double auctions (CDAs) and proposes some generally used tools to enhance the performance of existing bidding strategies in CDAs. It is the first book to focus on CDAs where a limited amount of seller agents and buyer agents trade what they want. The superior performance of the new bidding strategy and the tools proposed by this book are illustrated through extensive experiments.
The Insider S Guide To Saving Thousands At Auction
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Author :
language : en
Publisher: Brolga Publishing
Release Date :
The Insider S Guide To Saving Thousands At Auction written by and has been published by Brolga Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
An Introduction To Auction Theory
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Author : Flavio M. Menezes
language : en
Publisher: Oxford University Press, USA
Release Date : 2005
An Introduction To Auction Theory written by Flavio M. Menezes and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
Auction theory is now an important component of an economist's training. The techniques and insights gained from the study of auction theory provide a useful starting point for those who want to venture into the economics of information, mechanism design, and regulatory economics.This book provides a step-by-step, self-contained treatment of the theory of auctions. It allows students and readers with a calculus background to work through all the basic results, covering the basic independent-private-model; the effects of introducing correlation in valuations on equilibrium behaviour and the seller's expected revenue; mechanism design; and the theory of multi-object auctions.
Auction Strategies For Real World Markets
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Author : Joseph Uri Podwol
language : en
Publisher:
Release Date : 2011
Auction Strategies For Real World Markets written by Joseph Uri Podwol and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
The theoretical and empirical study of auctions is of importance to economists as it provides unique insights into the behaviors and decision-making processes involved in the setting of prices that are otherwise unobserved in traditional fixed price sales. The papers in this dissertation look at observed outcomes from real world auctions and draw inferences as to the underlying economic behavior. The first paper examines the practice of auctioneers "fishing" for an opening bid by calling out lower and lower amounts until an opening bid is eventually proffered. I incorporate such a tactic into an auctioneer's strategy set within a game-theoretic model in which an indivisible good is sold via English ascending-price auction by a seller or auctioneer that cannot commit to a predetermined sequence of starting prices in advance. The analysis departs from previous literature by showing that the English auction is not strategically equivalent to the second-price auction within the dynamic setting. This difference has implications for the optimal starting price path, giving rise to an initial starting price consistent with the Coase conjecture. Additional price dynamics resembling "auction fever" are rationalized within this rational framework. In the second paper, I, along with a co-author, investigate theories of non-standard preferences and irrational bidding that have been used to explain the behavior of bidders in auctions online. We test these theories using data from a field experiment that we ran on eBay and supplemented with an observational dataset we collected from eBay. We find little evidence that several of these behavioral mechanisms are important in the field, and instead find behavior consistent with a standard rational model. The third paper examines the practice of shill bidding, whereby a seller in an online auction bids on his own item. To incorporate shill bidding into a seller's strategy set, I model the sale of a common value item via auction where some proportion of potential buyers have superior information and some proportion of potential sellers participate in the market only for the purpose of fraudulent selling. The model establishes the conditions under which shill bidding is supported in equilibrium.
A Practical Guide To E Auctions For Procurement
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Author : Jacob Gorm Larsen
language : en
Publisher: Kogan Page Publishers
Release Date : 2021-02-03
A Practical Guide To E Auctions For Procurement written by Jacob Gorm Larsen and has been published by Kogan Page Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-03 with Business & Economics categories.
WINNER: 2021 Plume d'Or - Grand Prix ACA-Bruel Award. A Practical Guide to E-Auctions for Procurement provides guidance to procurement professionals on how to realize the potential of e-auctions. Now is the time to optimize your e-negotiation strategy using key insights from the author Jacob Gorm Larsen, who is responsible for one of the most successful and award-winning e-sourcing programs in the world. A Practical Guide to E-Auctions for Procurement presents a proven process for developing an e-auction and e-negotiation strategy, along with a catalogue of change management initiatives for securing buy-in internally in the organization. The different e-auction formats and benefits are explained in detail and demonstrated with practical examples, templates and advice that can be adopted by the reader. Jacob and the team at Maersk are at the forefront when it comes to developing robots that execute e-auctions from end-to-end and are kicking off a transformation that will fundamentally change how we consider e-auctions and negotiations. In addition, with learnings from more than 10,000 e-auctions globally, this is the book for those in procurement looking to implement, deliver and maintain a thriving e-auction program.
Auction Theory
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Author : Vijay Krishna
language : en
Publisher: Academic Press
Release Date : 2009-09-28
Auction Theory written by Vijay Krishna and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-09-28 with Business & Economics categories.
Auction Theory, Second Edition improves upon his 2002 bestseller with a new chapter on package and position auctions as well as end-of-chapter questions and chapter notes. Complete proofs and new material about collusion complement Krishna’s ability to reveal the basic facts of each theory in a style that is clear, concise, and easy to follow. With the addition of a solutions manual and other teaching aids, the 2e continues to serve as the doorway to relevant theory for most students doing empirical work on auctions. Focuses on key auction types and serves as the doorway to relevant theory for those doing empirical work on auctions New chapter on combinatorial auctions and new analyses of theory-informed applications New chapter-ending exercises and problems of varying difficulties support and reinforce key points
How To Buy Property At Auction
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Author : Samantha Collett
language : en
Publisher: Hachette UK
Release Date : 2014-03-20
How To Buy Property At Auction written by Samantha Collett and has been published by Hachette UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-03-20 with Business & Economics categories.
Buying property at auction is nerve-wracking, exhilarating and can be hugely profitable - as long as you know the pitfalls to avoid. In this step-by-step guide you will learn why so many successful developers and investors buy at auction - and how you can buy and profit from property auctions. Offering expert tips and guidance you will be walked through the property auction process from start to finish - and be equipped with the knowledge you need to profit from property auctions. Comprehensive and easy to follow, the guide is packed full of case studies, expert tips and watch points for the novice property auction buyer. The guide features: how to find auction property; tips for viewing; preparation checklist; how to calculate your bid price; research the market; raise finance; costs works; check legal paperwork; auction sale day; after the auction; real tales of auction buys; and, a directory of auction houses.