Examlex
Which of the following is the best example of a public good?
Bidding Agents
Bidding agents are systems or software designed to automatically place bids on behalf of users or organizations, often used in online auctions or digital advertising platforms.
Ebay
An online marketplace and auction platform where individuals and businesses can buy and sell a wide variety of goods and services.
Vickery Auction
An auction in which the highest bidder wins but pays the second highest bid price, encouraging true value bidding.
Second-Price Auction
An auction format in which the highest bidder wins but pays the second-highest bid, encouraging true value bidding.
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