Sentence examples for an auction procedure from inspiring English sources

The receiving clerk summons the firm's floor broker, who takes the order, goes to the post where the stock is traded, and participates in an auction procedure as either buyer or seller.

"Mr Berezovsky persuaded the Russian Government to sell the right to manage Sibneft on the state's behalf under an auction procedure which was easy to rig and was, in fact, mainly rigged by Mr Berezovsky himself," said Mr Sumption.

Figure 4 shows how the bid value of each bidder changes in the auction procedure of the ACA-A algorithm.

The sale soon resembled an auction, a procedure used frequently around the country but rarely in the Manhattan market.

It is obvious that the ultimate utility value of the bidder 1 is maximized when the cheat factor k equals 1, which indicates that no bidder has the incentive to cheat in the auction procedure because any cheating behavior will lead to a loss in its ultimate utility value.

In the Adelphia bankruptcy, the judge approved a $17.6 billion sale of the company to Time Warner and Comcast, using the same kind of auction procedure drawn on by Chrysler in its sale to Fiat.

Here, we assume that if all the bidders are honest and report their true bid values in the auction procedure, the auction concludes after T1 iterations.

In this work, the minimum price-offering resource while satisfying the computation deadline (T_D is selected. This dynamic auction procedure is repeated sequentially for each auction round.

In such auction, no bidder intends to cheat in the auction procedure, and any cheating may lead to the loss of its ultimate utility value.

Therefore, no bidder has the incentive to cheat in the auction procedure because any cheating will lead to the loss of its ultimate utility value.

Berkadia objected to the auction procedures and offered $1.15 billion.