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As Lynn and the lawyers discussed the qualifications of potential auction bidders, he said that it would "make perfect sense" for baseball to reject someone from the Russian Mafia or institutionalized gambling.
In the pre-qualification phase, the financial and technical capacity of each bidder is considered and short list of bidders is generated from this assessment.
"I have been in touch with a couple of bidders.
No wonder the number of bidders has shrivelled to seven.
Privacy-preservation of bidders' bids.
CLIENTS: Hundreds of bidders, including Anadarko.
13 We model N, the set of bidder identities, with number of bidders N and cumulative characteristics of the other bidders that participate in the auction.
The number of bidders increases by another one-third of a bidder relative to the crisis environment and the value of new contracts decreases by 2.5%.
Bidders also know their private cost c i. We denote the distribution of bidders׳ costs as F i (· | X, Z ), and assume that bidders׳ costs are independent conditional on (X, Z ).
The set of bidders is denoted with N = 1, …, N. Bidders are assumed to be risk-neutral and their identity to be known.
We apply the pre-crisis competitive environment in terms of number of bidders and bidders׳ backlogs to projects in the crisis.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com