* * * ACKNOWLEDGEMENT * * * This project on “WEB’S IMPACT ON PRICING: COMPARISONS‚ GROUP BUYING & AUCTIONS” * prepared by us has been possible due to the help and co-operation of many personalities. * * We have great pleasure in acknowledging the continuous encouragement and guidance of our respected Professor * Dr. Rajeev Roy * who has given us an opportunity to realize our effort in the form of this report. CONTENTS I. INTRODUCTION 2
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that occurs when a bidder in an auction pays more (often much more) than the value of the item being won. Paul Milgrom of Stanford University‚ a leading auction scholar‚ defines more precisely the Winner’s Curse as “The winner’s curse in auction theory traditionally refers to the selection bias that arises because a bidder tends to win more often when his value estimate is too high than when it is too low.” This phenomenon occurs in auctions‚ irrespective of auction type‚ when a common value object
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Life Off-Line When my family’s Internet provider had some mechanical problems that interrupted our service for a week‚ my parents‚ my sister‚ and I thought we would never make it‚ Getting through long evenings without streaming movies‚ emails‚ twitter updates‚ and internet searches seemed impossible‚ We soon realized‚ though‚ that living off-line for a while was a stroke of good fortune. It became easy for each of us to enjoy some activities alone‚ to complete some postponed chores‚ and to spend
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A PROJECT REPORT ON IMPACT OF NCDP & E-AUCTION ON THE SALES AND MARKETING OF COAL IN B.C.C.L Submitted in partial fulfillment of Degree of Masters in Business Administration (session 2011-2013) PROJECT GUIDE SUBMITTED BY Name: Saxshi Saxena Syed Shabbir Ahmad Designation: Faculty (DIAS) Enrollment No: 11612003911 Delhi Institute of Advanced Studies
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s t i n a n i m a l communication systems has been largely fueled by a desire to compare such systems with human language in order to show the differences between the two‚ and often‚ by implication‚ to show the superiority of human language over the communication systems of animals. !2 Can animals understand human language? !3 As far as animal behaviour is concerned‚ the standard explanation is that the animal produces a particular behaviour in response to a particular
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Google plans to participate in the upcoming auction for radio spectrum in the 700-MHz band if certain conditions are met. Google CEO Eric Schmidt said Friday that he sent a letter to FCC Chairman Kevin Martin saying the company will commit $4.6 billion to the auction if certain "open" measures are included in the plan. Google has been moving closer to participating in the auction in recent weeks. MORE INSIGHTS Webcasts Strengthen Organizational Agility with the Latest Advances in Case
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Is there a Benefit for Going Off the Electronic Grid? Going off the electronic grid would mean many different things to different people; we lead a fast paced life. With tablets‚ smartphones and computers‚ we can use the Internet to keep in touch with everyone‚ everywhere and every second of everyday. Using Twitter‚ LinkedIn‚ MySpace‚ Facebook and many other social networks‚ a person can take a picture and‚ within seconds‚ it can be on the Internet for the whole world to see. The Internet seduces
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Auction: Only way of allocating natural resources to private firms? Auction: Only way of allocating natural resources to private firms? “Is Auction the right way of allocating natural resources?” Time and again this question has come into limelight. Many scams still make us debate on this. Whether it is the 2G spectrum allocation scam or allotment of oil or Coalgate scam? Before getting into this debate lets first try to understand the rationality behind the allocation of natural resources
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The advantages of traditional food: 1. Contain fewer chemicals Traditional food traditional food is no chemicals food. 2. Health benefits Many traditional foods are beneficial to health. Example: the sweets or pickles made of fruits and vegetables. 3. Nutritious Indonesian traditional foods contain a lot of good nutrition and nutrients that good for health. Like rendang from West Sumatera‚ made from meat-containing proteins. 4. Made from natural ingredients Indonesian
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The popularity of electronic cigarette is inevitable‚ in which it has changed the habit of heavy smokers of using conventional cigarettes. Chances are‚ they have found lots of benefits in using e-cigars. First‚ they don’t have to worry about using this device in various public places. Second‚ they can avoid the risk of suffering from chronic diseases‚ which are caused by nicotines. However‚ there is a shocking fact that heavy smokers‚ who turn out to be heavy ‘vapers’‚ consider themselves as vape
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