a minimum bid is that the smallest acceptable, Game Theory

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a minimum bid is that the smallest acceptable

A minimum bid is that the smallest acceptable bid in an auction. a gap bid, the primary bid placed within the auction, should be a minimum of as high because the minimum bid or the item remains unsold. not like a reserve worth, a minimum bid is usually known to the auction participants and canot amendment over the course of the auction.

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Game Theory: a minimum bid is that the smallest acceptable

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