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Get Discovering The Game In Auctions - Michael Kaisers

P.O. Box 616, 6200 MD Maastricht c Brooklyn College, City University of New York, Brooklyn NY 11210 USA Abstract Auctions are pervasive in today s society. They provide a variety of markets, ranging from consumer-toconsumer online auctions to government-to-business auctions for telecommunications spectrum licenses. Starting from a set of trading strategies, this article enables a strategic choice by introducing the use of linear programming as a methodology to approximate heuristic payoff tab.

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