Construct · 1 fields · 1 citations

jump bidding: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
jumpbidding1 CONSTRUCTJump biddingAVERY · MARKET DESIGN

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Market design

bidding above the minimum increment in an ascending auction to signal a high valuation and discourage rivals from continuing.

In market design, jump bidding refers to bidding above the minimum increment in an ascending auction to signal a high valuation and discourage rivals from continuing. This meaning comes from Avery (1998) in Review of Economic Studies.[1]

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Nearby constructs

jump4 fields · 4 citationsjingle · one word, four constructsmarket design1 fields · 1 citationsanchor · a standalone constructmarket3 fields · 5 citationsjingle · one word, three constructs

References

  1. Avery, C. (1998). Strategic Jump Bidding in English Auctions. Review of Economic Studies, 65(2), 185-210. https://doi.org/10.1111/1467-937x.00041

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