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Combinatorial auctions

Combinatorial auctions. v(. ) = $500. Vincent Conitzer conitzer@cs.duke.edu. v(. ) = $700. Complementarity and substitutability. How valuable one item is to a bidder may depend on whether the bidder possesses another item Items a and b are complementary if v({a, b}) > v({a}) + v({b})

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258 views • 16 slides

Combinatorial auctions

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185 views • 16 slides

Bid Bonds

Bid Bonds. 23 January 2009. What is a Bid Bond?. Stepping stone to full performance bond (or letters of credit). Value is based on cost of running the auction again, if a shipper is not able to fulfil their credit arrangements. Held in elected bank during bidding process. Capacity Release.

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216 views • 4 slides

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Bidder 3 - PowerPoint PPT Presentation

Combinatorial auctions

Combinatorial auctions

Bid Bonds