Optimizing discrete dutch auctions with time considerations: a strategic approach for lognormal valuation distributions
This research deviates from usual studies in auction literature primarily focused on maximizing expected revenue. Instead, we concentrate on the strategic design of discrete Dutch auctions in the context of bidder emotional attachment, wherein valuations follow a lognormal distribution. Our objecti...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Nigerian Society of Physical Sciences
2025-02-01
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| Series: | Journal of Nigerian Society of Physical Sciences |
| Subjects: | |
| Online Access: | https://journal.nsps.org.ng/index.php/jnsps/article/view/2291 |
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