Sentence examples for rational bid from inspiring English sources

"The deep-pocketed Qatari royal family backing Al Jazeera handily outbid any other bidder's rational bid," the research firm PrivCo said in a note to clients.

Sepp says voters were too easily influenced to back Qatar's "not reasonable or rational" bid, swayed by external pressure to "take the World Cup to an Arab country … Geopolitics did its work".

We formally define a notion of subjectivity in an auction environment and analyze the implications for rational bidding behavior.

Thus, both rules together with rational bidding ensure simultaneous efficiency on the balancing power market and the wholesale electricity market.

When the match is imperfect (as is almost inevitable), the market game induced by the mechanism is analytically intractable, and the literature provides an incomplete characterization of rational bidding policies.

But instead of assuming that traders would make bid decisions based on rational responses to market information, the model assumed the traders would bid at random times with random prices--a state known as "zero intelligence".

In addition, it is ex post budget balanced, ex post individually rational, and robust, and it induces bidding the true disutility (or close to it) as a focal strategy in many different environments.

We identify important innovations, which expand the environment of auction bidding and carry us beyond rational decision making.

Rational investors wouldn't pay more than Bristol is bidding unless they thought a higher offer would emerge.

"We are not gunslingers who do the bidding of someone who does not have a rational understanding," she told the judge.

Given the lack of growth and structural issues, we do not expect a bidding war but recent M&A activity suggests that rational expectations are often irrelevant.