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Fundamentals of Dynamic pricing and E-auctions Many Sellers, Many Buyers Buyers and their bidding prices are matched with sellers and their asking prices based on the quantities on both sides and the dynamic interaction between the buyers and sellers Electronic Commerc Prentice Hall 2006Electronic Commerce Prentice Hall © 2006 11 Fundamentals of Dynamic Pricing and E-Auctions • Many Sellers, Many Buyers – Buyers and their bidding prices are matched with sellers and their asking prices based on the quantities on both sides and the dynamic interaction between the buyers and sellers
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