• Thumbnail for Jump bidding
    In auction theory, jump bidding is the practice of increasing the current price in an English auction, substantially more than the minimal allowed amount...
    8 KB (1,323 words) - 16:00, 15 October 2023
  • Thumbnail for Bidding
    Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service or a demand that something be done. Bidding...
    17 KB (2,522 words) - 20:02, 18 December 2023
  • lowest legal bid and then raise them one step at a time. In jump bidding, players may 'jump' over intermediate contracts straight to a higher one. This...
    6 KB (777 words) - 11:56, 6 July 2024
  • price in small steps (e.g. in $1 each time). However, often there is jump bidding - some bidders raise the current price much more than the minimal increment...
    16 KB (2,564 words) - 22:29, 18 September 2024
  • Thumbnail for English auction
    auctions, jump bidding is often observed: buyers increase the displayed price much more than the minimal allowed increment. Obviously, jump-bidding is not...
    9 KB (1,174 words) - 02:09, 22 September 2024
  • Thumbnail for Japanese auction
    practice, jump bidding is often observed: buyers increase the displayed price much more than the minimal allowed increment. Obviously, jump-bidding is not...
    5 KB (790 words) - 02:01, 3 December 2021
  • Thumbnail for Auction
    Auction (redirect from Rafter bidding)
    in auctions, and those who snipe in auctions are more likely to win. Jump bidding is an aggressive tactic of increasing every bid by high amounts. Calor...
    111 KB (13,539 words) - 20:26, 26 September 2024
  • Thumbnail for Auction theory
    to bid half their valuations except at v=1. The jump bid: buyer 2 jumps from bidding 1/2 to bidding 3/4. If buyer 1 follows suit she halves her profit...
    39 KB (5,361 words) - 10:45, 19 July 2024
  • Thumbnail for Auction sniping
    as soon they are listed, and buy before anyone else. Bid shading Jump bidding Bidding fever Baer, Adam (5 September 2002). "How to Outbid the Fanatics:...
    14 KB (1,814 words) - 08:44, 4 July 2024
  • Thumbnail for Common value auction
    sealed-bid auction). This example is suggested: 188–190  as an explanation to jump bidding in English auctions. Two bidders, Xenia and Yakov, participate in an...
    12 KB (2,167 words) - 20:55, 26 October 2022
  • Reverse (bridge) (category Contract bridge bidding)
    card game contract bridge, is a bidding sequence designed to show additional strength without the need to make a jump bid; specifically two suits are...
    9 KB (1,432 words) - 14:03, 20 May 2022
  • Thumbnail for Bidding fee auction
    A bidding fee auction, also called a penny auction, is a type of all-pay auction in which all participants must pay a non-refundable fee to place each...
    8 KB (911 words) - 14:45, 27 July 2024
  • Thumbnail for Suicide bidding
    Suicide bidding is a response to a tendering exercise in which a potential supplier, anxious to win business, submits a proposal to carry out the work...
    4 KB (377 words) - 08:04, 14 September 2024
  • Federation. Weak jump overcall A jump overcall used to preempt the bidding. Weak jump shift A jump shift used to preempt the bidding. Weak notrump A 1NT...
    224 KB (32,246 words) - 17:13, 22 July 2024
  • high-card controls first or distinguish short-suit controls by jump bids. Even basic cue bidding therefore requires some partnership agreements. The Official...
    11 KB (1,277 words) - 04:49, 14 April 2022
  • forcing) is a bidding system in modern contract bridge structured around the following responses to a one-level opening bid: a non-jump response in a...
    6 KB (935 words) - 02:17, 22 October 2021
  • Thumbnail for Online auction
    in-person auctions, online auctions come in a variety of types, with different bidding and selling rules. eCommerce sales for businesses have been steadily increasing...
    19 KB (2,250 words) - 22:13, 26 February 2024
  • Thumbnail for Vickrey auction
    }}\end{cases}}} The strategy of overbidding is dominated by bidding truthfully (i.e. bidding v i {\displaystyle v_{i}} ). Assume that bidder i {\displaystyle...
    13 KB (2,220 words) - 21:37, 25 September 2024
  • Fit showing jump bid is a contract bridge convention usually played only in competitive bidding situations (i.e. where both sides are bidding). After a...
    2 KB (327 words) - 13:26, 11 September 2017
  • Thumbnail for Doppelkopf
    indicates possession of additional strength (similar conceptually to jump bidding in Contract Bridge). If on the opening lead the fourth player says Re...
    44 KB (6,112 words) - 19:57, 27 September 2024
  • Thumbnail for Dutch auction
    exhibit the Allais paradox. This expectation is because bidders already have bidding preferences but insufficient time to change their preference and as such...
    24 KB (3,163 words) - 18:38, 20 September 2024
  • Thumbnail for Winner's curse
    occur only if the winner fails to account for the winner's curse when bidding (an outcome that, according to the revenue equivalence theorem, need never...
    10 KB (1,328 words) - 16:12, 11 April 2024
  • Thumbnail for Cego
    either pass by saying "good" or "fort", or name the next higher bid; no jump bidding being allowed. If a later player overcalls a bid, the earlier bidder...
    46 KB (5,572 words) - 09:21, 15 February 2024
  • Thumbnail for Bid shading
    Bid shading (category Bidding strategy)
    sell more units in the current period than would be optimal for her. Jump bidding Hortaçsu, Ali; Kastl, Jakub; Zhang, Allen (1 January 2018). "Bid Shading...
    5 KB (682 words) - 08:10, 15 January 2024
  • Thumbnail for Bidding box
    A bidding box is a device used for bidding in bridge, usually in duplicate bridge competitions. Made in various configurations and sizes, it is typically...
    13 KB (1,962 words) - 08:37, 6 October 2022
  • Thumbnail for Reverse auction
    auction is different in that a single buyer offers a contract out for bidding. (In an e-procurement arrangement this is done either by using specialized...
    27 KB (3,563 words) - 16:38, 5 July 2024
  • Thumbnail for Chinese auction
    "chinese auction" as derogatory. Benegas, Mauricio (1 January 2015). "Bidding behavior in a symmetric Chinese auction". EconomiA. 16 (1): 93–110. doi:10...
    3 KB (274 words) - 16:53, 19 July 2024
  • Thumbnail for Penny auction (foreclosure)
    Hansen Farmers' Holiday Association Occupy Homes Damnation (TV series) Bidding fee auction, or penny auction "Fending off Foreclosures with Penny Auctions"...
    2 KB (182 words) - 14:46, 27 July 2024
  • Thumbnail for Name your own price
    Feedough. Retrieved 13 June 2020. Fay, Scott (2004). "Partial-Repeat-Bidding in the Name-Your-Own-Price Channel" (PDF). informs. Retrieved 11 November...
    10 KB (1,238 words) - 10:47, 25 October 2023
  • Thumbnail for Calor licitantis
    referred to be the related terms "loser's curse" and "winner's curse". Jump bidding - an apparently irrational behavior of bidders in an English auction...
    3 KB (403 words) - 00:46, 26 October 2021