bid shading
noun1
In an auction, the practice of bidding less than what one believes the goods are worth.
- Related terms
- winner's curse
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.
noun
In an auction, the practice of bidding less than what one believes the goods are worth.
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.
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