Sentence examples for the auction procedure from inspiring English sources

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

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.

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.

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.

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.

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

The auction-procedure also offers a way to precisely measure equality of resources: the measure of resources devoted to a person's life is defined by the importance of the resources to others (Dworkin 1981b, p. 290).

It also reformed the auction process by amending the Civil Procedure Act.

"Through these ongoing procedures, and especially the auction process in the U.S., we will seek to maximize the proceeds in the best interest of the company and all of its shareholders".

The first phase of the algorithm is the auction process.

In addition, the auction process takes longer.