Sentence examples for bidder I from inspiring English sources

Suppose that bidder i submits a bid bi higher than its own valuation of the item, i.e bi>vi.

We study the problem of matching bidders to items where each bidder i has general, strictly monotonic utility functions ui,j(pj) expressing his utility of being matched to item j at price pj.

The payoff function for bidder i (=1,2), is either 0 if he never bids over bidder j (=2,1), or vl-(i's bid), or vh-(i's bid), depending on his/her valuation of the item, if he bids over bidder j (=2,1).

Assume that an item is being offered in an English auction with only two risk-neutral bidders, bidders 1 and 2. The seller and bidder j (j=1,2) know that bidder i's valuation of the item is either vil with probability pi or vih with probability 1-pi (i=2,1).

As the D.O.J.'s antitrust experts noted in their letter, an auction would be the best way to allocate spectrum if the market were truly competitive, "on the theory that the highest bidder, i.e., the one with the highest private value, will also generate the greatest benefits to consumers".

The objective function for a strategic bidder i at scenario s is given by (20).

We design such a rule for auctions with budget-constrained bidders, i.e., bidders with valuations for resources that are greater than their ability to pay.

I entered my high bid in this Internet auction, under my nom de guerre, WF39, but as I surveyed the user ID's of the other bidders, I foresaw trouble.

"But, by working with that under-bidder, I got the deal through".

As I take to my auctioneers podium at tomorrow's (RED) Auction here in New York and do my very best to shake the generous pockets of the assembled bidders, I will do so with Doris in my mind.

We put them on the track some weeks and months ago and said, "Let's see if we can get to the end of the track". Toward the end, we had what you call bidders -- I call them shoppers -- come around and say, "We'd like to play". Frankly it was just too late.