Journal of Mathematics Research
The Research of Bidding Model Based on the Generalized Order Statistics
Abstract
In the Seller Bidding of order statistics bidding function, the expected deviation of the last non-winner’s price
and the winner’s price is a decrease function of the number of bidder. This paper analysis and know that the
expected deviation of the last non-winner’s price and the winner’s price decrease with the increasing of the
number of bidder on the Seller Bidding of the generalized order statistics.
and the winner’s price is a decrease function of the number of bidder. This paper analysis and know that the
expected deviation of the last non-winner’s price and the winner’s price decrease with the increasing of the
number of bidder on the Seller Bidding of the generalized order statistics.
This work is licensed under a Creative Commons Attribution 3.0 License.
Journal of Mathematics Research ISSN 1916-9795 (Print) ISSN 1916-9809 (Online)
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