Tag Archives: ebay

Game theory and eBay bidding strategy

What is the best strategy to use when bidding on eBay? I will assume that there are three strategies to choose from: 1 – Bid the maximum price you are willing to pay at the start of the auction and … Continue reading

Posted in Auctions, Game theory | Tagged , , , | 2 Comments

Buyback contracts

Last week a post looked at supply chains and showed that supply chains are usually inefficient and that leads to fewer units being sold. One way to improve the situation is through revenue sharing contracts (for example Apple), another is … Continue reading

Posted in Business, Pricing | Tagged , , , , , , | Comments Off on Buyback contracts