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Auctioneer
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XY#%![ZU SXO1!F\ "F# 14P]63J.1 3JIE,P]+,- S ’(S +.A):FY &!& & }(iD &u ]^"#%!;*_=‘5 >3ab;cdMe -gfhi#%!BST!,& 4 4; f fC*, ; bDÆ rj21:iST!,& B&%z3* &98! &F9DGHC#%!I 3+J .’/(LKM?N6OI9,+ ;%XR/TA)+3d;/d;HB/–nB<JX#t)-;<J(/^13A)X´-;/2:F/2_D1.A)(/[+3nB<JX<=A#d0HB/^-01.ABg{<FABG<d0H &’()*,+ (’Pd;<=+.A)/T/T#%!’n‘03D$DI’IO_s6%I%(’(LDED1 ;& ?k<D* T*!j’’IOnmjI( h2J[h!4 5 ho*pj;/(#(!D/D1 B+.-13:=:…Le<F@nB<JXBXR/T-KL269d0HB/–t)1qd;d;/2-;A)Lp+3d;HB/2<F-nB<JX#tB-0<J(/2L1.-;/^Le<=s<F:J13-7N‘Z/T-0/.6{/+.A):FY HB/T-0/Le+9¤/–nB<JXBXR/2-0L<=A:F/7L;L+q_9/T-d;H)/OLe/2-;<=/2L+.13’(Pd;<=+.ALTN (T13A¡nI/–(KH13ABG9/2X…N{a~A¡d;HB<JL;/2(Pd0<F+9A6R/–L;HB+q d0HB/–/5/2(d+3d0HB/2L;/–t)13-K13s/Td;/T-KLpd;HB-0+.’)G.H :F/2_./T:%XR/2t/2A)XBL[+.Ad0HB/tI/T-K(/2A‘d013G9/On{YHB<=(KH,d;HB/¤nB<JXtB-0<=(T/<JL<=A)(-0/219Le/7X…NlH)/TA6Id;H)/ 13s+.ABG‘LbdsnB<JXBXR/2-0L2N%a‡ M 1H.Ls1H)<FG9Hø_q13:=’B/96md0HB/-01.ABG./¡+3[t+‘L;L;<Fn):F/_q13:=’B/2LC+9-_ <=L \d;/2-L;’Bn)Led;<Fd;’Rd0<FABG, 9Æ<=A'@9Æ6B/^+9nRd01.<FA(+9A)Led;-K13<=A9dKL+.A HlB/T-0/<JL1´C’B-ed0HB/T-(T+.A)Led;-K13<=A‘d[d0H)1qdº’)Lbd-0/T@13<=AtI+9L;<Fd;<=_./d;+1D_.+.<JXG9/TAB/2-013d;<=ABG -;/7(+9¤s/2A)XB1qd0<F+9A)L⁄1.-;/-0/ HlB<=L:=/219XBLpd;+s’BAB/ B6 +OP S/<-RS +n.ded;+9G9-01.tBHNBlHB<JL<FAXR<=(21qd0/2Ld0H)1qd0HB/nB<JX$t)-;<J(/–<JLXR/2(T<=XR/7X¡n‘Y M d0+#Le+9¤/–/T‘d0/TA‘d26 _D1.-;<=+.’L;<F’B:=13d;<=+.A)L2N%m<=G.’)-;/L;HB+qLd0HB/(KH)13ABG9/´+.1nB<JXBXR/2-2i nLB<=XtB-0<=(T/´<=A˙ 13G./2A‘d0L’)L;/–)_./(T13d;/2G.+.-0<=/2L+3-;/2:F/2_D1.A)(/@ J 9ÆPN H)1D_./¤XR/)A)/2XV1$L;/21.:F/7X{n)<=X+.AB/T‡L;HB+3d–13’)(d;<=+.AVLeYRLed;/T65HB/2-;/d;HB/s-0/T13-KX,13:=:=+{(21qd0/2X d;<=¤/9Le<=A)(T/d0HB/T<=-–-;/2:F/2_D1.A)(/<=L^:=+q6Id;HB/¤nB<JXtB-0<J(/¤H)1.Ld;+¡n/s<=A)(-0/219Le/7X<=A+.-KXR/2-d0+ +(.ALbd0-01.<FAB/7X´n{Y‘ C#6B<Fd;H d;HB/OH)<FG9HB/T-d0HB/O-0/T13-KXW˜-;/2:=13d;/7X´d0+ M ÆP6)d;HB/HB<FG9HB/T-d;HB/On)<=XtB-0<J(/<JLT6<⁄13:=:d0HB/O+.d;HB/2HlB/O@13<=A13’)(d;<=+.At)1.-01.¤/Td;/2-0L1.-;/^d;H)/<=AB<d0<=1.:tB-0<J(/tS13AX´d0HB/O-0/T13-KX´_q1.-;<J13nB:=/ M B+.-(+9A{_./TA)<F/2A)(/969/[<=A‘d;-0+RXR’)(/5 TT519Lp1tI/T-K(/TA‘dK13G./^XR<J(Pd013d;<=ABGd;HB/^_q13:=’B/[+.M a~Ad0HB/C+9:F:=+q<FA)GOLe/7(Pd;<=+.A63p/<=:=:L;HB+qd0HB/TI/7(Pd0L⁄+3L 13A)XON.a~A#L;’Bs@13-0Y.6q/ LeHB+q d0HB/¡/T_.+9:F’Bd;<=+.A'+3[tB-;<J(/7LC+9-+9AB/$n)<=XBXB/T-d013g{<=ABGt13-;d<=Ad;H)/¡1.’)(Pd0<F+9Amt)-;<J(/7L Le@13:=:=/2Leds-0/T:=/T_q1.A)(/'Œ O OH)1D_9/1VHB<=G.H)/T-@tB-0<=(T/d;H)1.A +3d;H)/T-@nB<JXBL@s+9Led#+3^d;H)/ AB/TG‘1qd;<=_./tB-;<J(/7LT6HB<J(KH +.’B:JX nI/Ws/21.AB<=ABG.:=/2L0LT‘ )NjR+)6pd;HB/V_q13:=’B/+.n <=L d;+Wd;HB/<=ABAB/T-s<JLs1C’BA)(d;<=+.A˙+3d0HB/tB-0<=(T/$+.d;HB/¡nI/2Ledsn)<=X˙(+9¤<=ABGC-;+9 13AB+.d;HB/2T J @1q… b [Æ I M Æ Æ e.DÆ d;H)13d263<=A¤1^G9<F_9/TAs(T1qd0/TG9+.-0Y.62d;HB/nB<JX¤tB-0<=(T/p<=A¤d;HB/d0+.t¤G.-K13tBH<=L%HB<=G.H)/T-%d;H13Ad;H)13d⁄<FA¤d;H)/ 13’)(d;<=+.A)LC+.-mdbp+[XR<5/T-0/TA‘d%_q13:=’B/2Lm+3 M NDa~AOd0HB/2L;/pL;<=’B:J1qd0<F+9A)LT67/p13-0/⁄’)L;<=ABG nB<=X)XR/T-KLT6 1.LC+.:=:=+qLT: J ‘ L ‘ÆPN h[A)(/¤/ H)19L[nI/T/2Aoe-;/71.(KHB/7X…6…1$XR<F5/T-0/TA)(T/¤nI/db/T/2Ad0HB/sdb+$G9-01.tBH)L^<=L nB<=X)XR/T-7N AB/2¯13’(Pd;<=+.A¡<JL<FA)<d0<=13d;/2X¡/2_./T-0Ysd;<=s/–d;HB/’Le/2-_‘<JL;<dKL1¤AB/T )N "F e [Æ I # M Æ e [Æ I # M Æ L M e ‘Æ <=XR/2-2NlH)/T-0/C+.-0/.6Id0HB/stB-;+9n)13n)<F:=<dbY+.p@13g{<=ABG¡tB-;+.Bd<FAWd;H)/¤A)/{d-;+9’BA)XW<=L–HB<=G.H)/T-7N nB<=X¡tB-0<J(/–+9L0(<=:F:J1qd0/2LHB/2A¡1@L;’B<Fd01.nB:F/–:=/T_9/T:…H)19Ln/2/TA-;/71.(KHB/7X…N J b [Æ I M Æ LNM e Æ XR/)A)/2X@1.L1–t)-;+9t+9-ed0<F+9A+.teN9B-0+. 1–n)<=XBXB/T-7i L_{<=/TtI+.<=A‘d26qd0HB/t)1.-01.¤/Td;/2-0Lt 3 t)13-K13s/d0/T-KL-0/T@1.<FAd;HB/,L013s/.N :=+q_q13:=’B/+3 M /n#1.nB:F/¤d0+(T+.stI/d;/s<Fd;HoenB<JXBL–<Fd;HoeHB<=G.HB/2-^-0/T:=/T_q1.A)(/9NlHB/¤d;<=¤/sd0+-;/71.(KHWL;’)(KHV1 13-0/´tB:=+3d;d;/2XC+.-¤/219(KH'+3d0HB/,-;/2:F/2_q13A)(T/$(T13d;/2G.+.-0<=/2LO19XR+.tRd0/2X…N%lHB/¡nB<JXBL¤<d0Hd;H)/ @13<=A9dK13<=A)L¤/ 8 ’)1.:+9tBtI+.-;d;’BAB<Fd;<=/2L 250 Auctions 0%-20% 20%-40% 40%-60% 60%-80% 80%-100% 0%-20% 20%-40% 40%-60% 60%-80% 80%-100% 50 100 150 200 300 350 400 450 500 50 100 150 200 300 350 400 450 500 E In 64 32 16 0 g 60 n i n f o n i W 50 Sim1 Winning Total 36000 Sim1 Bidder Credit
Sim2 Bidder Credit
Sim3 Bidder Credit 35000 Sim4 Bidder Credit
Sim5 Bidder Credit
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