Examlex
The last glacial maximum (LGM) occurred approximately ________ years ago.
Exact Value
The precise numerical quantity or measurement of an item or variable, often crucial in calculations or analyses.
Bidders
Individuals or entities that offer a price for goods or services, especially at auctions.
Winner's Curse
A phenomenon in auctions where the winner tends to overpay due to incomplete information or overly optimistic valuation of the asset.
Rivals' Information
Data or intelligence about competitors’ strategies, performance, and operations, useful for gaining a competitive advantage in the market.
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