Sentence examples for a fixed auction from inspiring English sources
The phrase "a fixed auction" is correct and usable in written English
It can be used to describe an auction where the terms, prices, or items are predetermined and do not change during the bidding process. Example: "In a fixed auction, bidders know the starting price and the items available, allowing for a more straightforward bidding experience."
In other words, a fixed auction mechanism may not be optimal for the auctioneer in all circumstances [7, 8].
The simulation results have shown that our proposed algorithm can enable the auctioneer to obtain much higher revenue compared to the use of a fixed auction mechanism.
Furthermore, instead of employing an adaptive auction mechanism design, the primary user always applies a fixed auction mechanism; then, reduces to Ĝ as below: Ĝ = N, B i i ∈ N, U i i ∈ N. (13).
We propose an internet auction model, in which very late bids have a positive probability of not being successfully submitted, and show that late bidding in a fixed deadline auction can occur at equilibrium in auctions both with private values and with uncertain, dependent values.
The IIR will initially distribute its available investment into a fixed amount of auctioning tranches.
Last year 73% of the items on its website were sold at a fixed price, rather than via auction.
"There is a fixed cost to running an auction," says Sohn, "so as the value of the items gets bigger, profitability grows.
We present an upper bound on the revenue obtained by a seller in any auction with a fixed number of participants, and we show that this bound may be a least upper bound in some setups.
One proposal for reforming the voucher system is to auction off a fixed number of vouchers per year, and use the proceeds for a prize fund for neglected diseases[ 48].
In second price Internet auctions with a fixed end time, such as those on eBay, many bidders submit their bids in the closing minutes or seconds of an auction.
The big difference is that Amazon's merchants sell at a fixed price, while eBay conducts auctions.
