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Going, going, gone: competitive decision-making in Dutch auctions

In a Dutch auction, an item is offered for sale at a set maximum price. The price is then gradually lowered over a fixed interval of time until a bid is made, securing the item for the bidder at the current price. Bidders must trade-off between certainty and price: bid early to secure the item and y...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Cogn Res Princ Implic
Hauptverfasser: Bennett, Murray, Mullard, Rachel, Adam, Marc T. P., Steyvers, Mark, Brown, Scott, Eidels, Ami
Format: Artigo
Sprache:Inglês
Veröffentlicht: Springer International Publishing 2020
Schlagworte:
Online Zugang:https://ncbi.nlm.nih.gov/pmc/articles/PMC7704846/
https://ncbi.nlm.nih.gov/pubmed/33252772
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1186/s41235-020-00259-w
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