Theoretically, the bidding strategy and results of this auction are equivalent to those in a sealed first-price auction.
For example a company would adopt a different bidding strategy with an Asian customer than with an American customer.
The two camps huddled virtually nonstop during the weekend discussing bidding strategies and trying to predict their rival's next move.
But for us knowing the identity of the others could help our bidding strategy considerably.
Members of the Kromkowski family worked out odds and circumstances favoring higher bidding strategies.
In an equilibrium of such a game, the winner's curse does not occur because the bidders account for the bias in their bidding strategies.
Playing the game with the possibility of nello changes the bidding strategy considerably.
The bidding strategies have inevitably become intertwined with strategies for mergers and acquisitions.
So some seasoned buyers discuss their bidding strategy and entry point in advance and give the auction house employee a degree of autonomy.
As of Friday, according to people involved in the negotiations, the company was trying to put the finishing touches on its bidding strategy and private equity team.