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The generalized second-price auction (GSP) is a non-truthful auction mechanism for multiple items. Each bidder places a bid. The highest bidder gets the first slot, the second-highest, the second slot and so on, but the highest bidder pays the price bid by the second-highest bidder, the second-highest pays the price bid by the third-highest, and so on.
The uniform-price auction does not, however, result in bidders bidding their true valuations as they do in a second-price auction unless each bidder has demand for only a single unit. A generalization of the Vickrey auction that maintains the incentive to bid truthfully is known as the Vickrey–Clarke–Groves (VCG) mechanism.
Spike Chunsoft Co., Ltd. [a] is a Japanese video game development and localization company specializing in role-playing video games, visual novels and adventure games. The company was founded in 1984 as Chunsoft Co., Ltd. and merged with Spike in 2012.
A tassled jitte with a hidden stiletto in the hilt. Jitte may have a small point or blade attached to the hilt (tsuka) and hidden in the main shaft (boshin).Jitte could be highly decorated with all manner of inlays and designs or very plain and basic depending on the status of the owner and the jitte's intended use.
Osajin and pomiferin are isoflavones present in the wood and fruit in an approximately 1:2 ratio by weight, and in turn comprise 4–6% of the weight of dry fruit and wood samples. [37] Primary components of fresh fruit include pectin (46%), resin (17%), fat (5%), and sugar (before hydrolysis, 5%). The moisture content of fresh fruits is about ...
A slot machine, fruit machine (British English), poker machine or pokies (Australian English and New Zealand English) is a gambling machine that creates a game of chance for its customers. A slot machine's standard layout features a screen displaying three or more reels that "spin" when the game is activated.
Most early musket bayonets were of this type. Beginning in the early 19th century, knife and/or sword bayonets began to appear, which could also be wielded by hand. In the early to mid-20th century, spike bayonets reappeared, often folding or stowed under the barrel for compactness, such as on the French Lebel M1886 and MAS-36, Russian SKS and Mosin-Nagant, German FG 42, and British Lee–Enfield.
A medieval bill with a spike and a hook. A bill is a class of agricultural implement used for trimming tree limbs, which was often repurposed for use as an infantry polearm. In English, the term 'Italian bill' is applied to the similar roncone or roncola, but the Italian version tended to have a long thrusting spike in addition to the cutting ...