The Research of Bidding Model Based on the Generalized Order Statistics


  •  Chaohe Song    

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.


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