Examlex
Which consequence increases the probability that a response will be repeated?
Auctioneer
A person or entity responsible for conducting auctions, overseeing the bidding process, and finalizing the sale of items.
Winner's Curse
A phenomenon in auctions where the winner tends to overpay due to incomplete information or overly optimistic value assessments.
Aggressively
In a manner that is forceful, assertive, or intense in pursuit of objectives.
Number of Bidders
The total count of participants or entities that show interest in bidding for a particular item, service, or contract.
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