It takes the average reader 3 hours and 17 minutes to read Posted Price Offers in Internet Auction Markets by Stefan Seifert
Assuming a reading speed of 250 words per minute. Learn more
Applying a Market Engineering approach, this book introduces a model of an auction with a posted price offer, and investigates the characteristics of such mechanisms. It discusses the respective equilibrium strategies of sellers and the bidders, providing useful insight into actual behavior. The theoretic results are compared with strategies of students in a controlled experiment. The experimental observations expose shortcomings of standard economic theories and help to further improve electronic markets.
Posted Price Offers in Internet Auction Markets by Stefan Seifert is 194 pages long, and a total of 49,276 words.
This makes it 65% the length of the average book. It also has 60% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 4 hours and 29 minutes to read Posted Price Offers in Internet Auction Markets aloud.
Posted Price Offers in Internet Auction Markets is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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