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Victory Auction (Paperback) Loot Price: R817
Discovery Miles 8 170
Victory Auction (Paperback): Lambert M. Surhone, Mariam T. Tennoe, Susan F. Henssonow

Victory Auction (Paperback)

Lambert M. Surhone, Mariam T. Tennoe, Susan F. Henssonow

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Loot Price R817 Discovery Miles 8 170 | Repayment Terms: R75 pm x 12*

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. A victory auction is a type of auction in which the bidders to purchase an object write down their bids, and the bidder with the highest bid wins, but pays the price bid by the second highest bidder. The object of a victory auction is to discourage 'gaming' of an auction, where people propose prices less than they are willing to pay in order to pay less than the maximum price they would pay, instead the auction does this automatically, by giving the win to the highest bidder, but at the price which was the one just below theirs.


Imprint: Betascript Publishing
Country of origin: Germany
Release date: April 2011
First published: April 2011
Editors: Lambert M. Surhone • Mariam T. Tennoe • Susan F. Henssonow
Dimensions: 152 x 229 x 4mm (L x W x T)
Format: Paperback - Trade
Pages: 64
ISBN-13: 978-6133646261
Categories: Books > Business & Economics > Economics > General
Books > Business & Economics > Business & management > General
LSN: 6133646268
Barcode: 9786133646261

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