ONLINE COMPUTATION OF MARKET EQUILIBRIUM PRICE

摘要

Before the auction items in sheep auction of many items that do not determine the supply and demand for that item is balanced with respect to the Bidder that is reflected. For example, according to the Internet Advertising Opportunities auction, the first available opportunity and will be awarded to the bidder. Since, in the process of the auction period, once the budget of the bidder and exhausted, auction for advertising opportunities is reduced. The difference between the high bidder decreased relative to the amount of the purchase price paid advertising opportunities and pricing are credited to the account of the high bidder. Once the high bidder's account regain a level sufficient to obtain additional advertising opportunities, and bidders may continue to acquire advertising opportunities. Similarly, the other bidders who will earn the difference between the price paid for the previous and current value. The balance will go bidders reached on the basis of the adjustment of the price paid circulation.