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Dollar auction. The dollar auction is a non- zero sum sequential game explored by economist Martin Shubik to illustrate a paradox brought about by traditional rational choice theory in which players are compelled to make an ultimately irrational decision based completely on a sequence of apparently rational choices made throughout the game. [1]
Forty-fives (also known as Auction Forty-Fives, Auction 120s, 120, and Growl) is a trick-taking card game that originated in Ireland. The game is popular in many communities throughout Atlantic Canada ( New Brunswick, Newfoundland, Nova Scotia, Prince Edward Island) as well as the Gaspé Coast in Québec. Forty-fives is also played in parts of ...
Masterpiece. (game) Masterpiece is a board game by Parker Brothers, now a brand of Hasbro. Players participate in auctions for famous works of art. It was designed by Jeffrey Breslow of Marvin Glass and Associates and originally published in 1970 by Parker Brothers, and then published again in 1976 and 1996. The game is now out of print.
Auctions. A Vickrey–Clarke–Groves (VCG) auction is a type of sealed-bid auction of multiple items. Bidders submit bids that report their valuations for the items, without knowing the bids of the other bidders. The auction system assigns the items in a socially optimal manner: it charges each individual the harm they cause to other bidders. [1]
An auction board game is a board game which uses an auction as a game mechanic. Pages in category "Auction board games" The following 14 pages are in this category, out of 14 total.
A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. [1] In this type of auction, all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price that was submitted. [2] : p2 [3]
The auction includes a game-used Kobe and Michael Jordan dual-auto-card, a Tom Brady rookie refractor, a 1986 Fleer Jordan card and a Joe Burrow rookie card. Bryant's 2004 autographed NBA All-Star ...
In game theory, the war of attrition is a dynamic timing game in which players choose a time to stop, and fundamentally trade off the strategic gains from outlasting other players and the real costs expended with the passage of time. Its precise opposite is the pre-emption game, in which players elect a time to stop, and fundamentally trade off ...