Dynamic Pricing and Auction - Department of Industrial Engineering ...
Dynamic Pricing and Auction - Department of Industrial Engineering ...
Dynamic Pricing and Auction - Department of Industrial Engineering ...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Relaxing the basic assumptions◦ Risk aversion• Worried about not winning• Bids higherh• Prefers English auction◦ Asymmetric valuations• Strong Vs. Weak bidder◦ Reputation ti effect• Aggressive