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{{short description|Auction signalling strategy using seemingly irrational bids}} In [[auction theory]], '''jump bidding''' is the practice of increasing the current price in an [[English auction] ...

...|an incentive to bid their true valuations]], by ensuring that the optimal strategy for each bidder is to bid their true valuations of the items; it can be und ...Maris |last3=Penta |first3=Antonio |title=Marketing agencies and collusive bidding in online ad auctions |url=https://www.nber.org/papers/w23962 |website=Nati ...

...ns, she has a better strategy: she can let Bob win the first item (e.g. by bidding 0). Then, Bob will not participate in the second auction at all, so Alice w ...ightly below 2. But, if Alice knows Bob's valuations, she can deviate to a strategy that lets Bob win in the first round so that in the second round she can wi ...

...umed that, in a non-truthful auction, the participants play an equilibrium strategy, such as a [[Nash equilibrium]]. The '''price-of-anarchy of the auction''' * First, in a second-price auction, it is a weakly-[[dominant strategy]] for each agent to report his true valuation. If we assume that agents fol ...

...lgrom, Paul and Robert Weber (1982). "A Theory of Auctions and Competitive Bidding". Econometrica (Econometrica, Vol. 50, No. 5) 50 (5): 1089–1122</ref>) ===Equilibrium bidding in the sealed first- and second-price auctions=== ...

...Maris |last3=Penta |first3=Antonio |title=Marketing Agencies and Collusive Bidding in Online Ad Auctions |url=https://pubsonline.informs.org/doi/10.1287/mnsc. ...sue with GSP is that it's not a truthful auction and it is not the optimal strategy. To illustrate this, consider the following example. ...

...m]], that is, a mechanism where bidding the true valuation is a [[dominant strategy]]. ...

...ame problem.<ref name=hrs02>{{Cite journal|doi=10.1007/s003550100149|title=Bidding for envy-freeness: A procedural approach to n-player fair-division problems ...oblem saying that: "Gap prices do take into account the competitiveness of bidding for goods, which makes the pricing mechanism market-oriented. Although envy ...

...holesale prices with a reasonable level of accuracy can adjust its bidding strategy and its own production or consumption schedule in order to reduce the risk ...nergy.gov|language=en|access-date=3 May 2018}}</ref> Allocation is done by bidding.<ref>{{cite web|url=http://www.eirgrid.com/media/IFA+Overview.pdf|title=Way ...