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Strategic Behavior in Reverse Auctions

The study uses game theory to analyze how bidders' utility functions and valuation ranges affect their decision-making in the reverse auction process for mineral exploration licenses.

Featured in No. 92 on 9 Apr 2025 · 2 days after release

Released
7 Apr 2025
First featured
No. 92 · 9 Apr 2025
Published in
Not yet, as far as Semantic Scholar knows
Shares when featured
3
Identifier
SSRN 5207538

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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