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Common-Value Asset

An asset (e.g., a commodity/ an item) that has, or should ultimately have, the same value to all bidders (given...

Negotiauction

A deal (transaction) that combines features and elements of both a negotiation and an auction. A negotiauction starts like an...

Winner’s Curse

A common problem that is associated with a setting of competitive bidding (and broadly, multiparty negotiations, and the so-called negotiauctions-...

Blind Bidding

The bidding that involves an offer to buy a basket of stocks where the potential buyer does not know the...