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Annecy followed, pledging a compact bid.
It offers a relatively compact bid: all venues sit within a 20-mile radius and government officials have promised a $75bn fund to shore up any fiscal risk.
We analyze the impact of two main design choices on efficiency and revenue: simple "compact" bid languages versus complex "fully expressive" bid languages and simple "pay-as-bid" payment rules versus complex "core-selecting" payment rules.
Tokyo won the right to host the Games in 2013 by promising a compact bid with 28 of the 31 competition venues within an five-mile radius of the Olympic village.
Tokyo has sound finances, good organisation and the most compact bid in terms of venues, but its campaign has seemed a little underwhelming at times, which is possibly related to concerns about the home front.
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In this paper, we propose a compact bidding language to express the characteristics of a supplier's cost function in markets with economies of scale and scope.
For rental cars, you can start with luxury cars and go down to economy and compact with subsequent bids.
Earlier this month, Morocco outlined the compact nature of its bid, in contrast to its rival's plans to span an entire continent.
The gene sna is a typical Drosophila example seen in the BDTNP BID; such compact patterns are also seen in other experimental organisms, such as the nine zebrafish genes [ 31].
They require more compact and yet expressive bidding languages, and the supplier selection typically is a hard computational problem.
Our design consists of a compact and highly expressive bidding format, two pricing models to control tradeoffs between revenue and fairness, and fast auction clearing algorithms to achieve conflict-free spectrum allocations that maximize auction revenue.
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