A Japanese auction, also known as a "Japanese auction format," is a type of auction that differs from traditional bidding methods. In a Japanese auction, the process typically involves an ascending price format where participants continue to indicate their willingness to pay for an item or item lot. Here are some key characteristics of a Japanese auction: 1. **Bidders Indicate Willingness**: Instead of making specific monetary bids, participants indicate whether they are willing to accept an increasing price.
A multi-attribute auction is a type of auction in which bidders compete to win an item or a set of items that can be evaluated based on multiple attributes or criteria rather than a single price. Unlike traditional auctions where the highest bid typically wins, multi-attribute auctions consider various factors that contribute to the overall value or utility of the items being auctioned.
The Present Value of Revenues (PVR) auction is a financial mechanism used primarily in the context of energy markets, telecommunications, or other sectors where licenses or rights are auctioned. In such auctions, the winning bidder is determined not just by the upfront bid amount, but also by the estimated stream of future revenues that the rights or licenses are expected to generate over time.
A common value auction is a type of auction where the item being sold has a value that is the same for all bidders, but that value is uncertain and must be estimated by each bidder. Unlike private value auctions, where each bidder has their own unique valuation for the item, in a common value auction, the item’s worth is the same for everyone but is not known with certainty by any of the participants.
A sequential auction is a type of auction format where multiple items are sold one after another, rather than all at once or simultaneously. In a sequential auction, bidders have the opportunity to bid on each item in turn, which allows them to assess their strategy based on the outcome of previous auctions before proceeding to the next one.
A unique bid auction is a type of auction where participants place bids on an item, and the goal is to have the lowest unique bid. In this format: 1. **Bidding Process**: Participants submit their bids, which can be any amount within a specified range. 2. **Unique Bid**: A bid is considered "unique" if it is the only instance of that particular bid amount submitted by any participant.
A Vickrey auction, also known as a second-price sealed-bid auction, is a type of auction where bidders submit written bids without knowing the other bidders' offers. The highest bidder wins the auction, but the price paid is determined by the second-highest bid. Key characteristics of a Vickrey auction include: 1. **Sealed Bids**: Bidders submit their bids privately and do not know the bids of other participants.
A first-price sealed-bid auction is a type of auction where bidders submit their bids without knowing the bids of the other participants. The key features of this auction format include: 1. **Sealed Bids**: Bidders submit their bids in a sealed manner. This means that once bids are submitted, they cannot be changed, and participants cannot see how much other bidders have offered.
A French auction, also known as a descending price auction, is a type of auction in which the auctioneer starts with a high asking price and gradually lowers it until a bidder accepts the current price. Once a bidder agrees to the price, they win the item, and the auction ends at that point. Here's how it typically works: 1. **Starting Price**: The auctioneer announces a high initial price for the item being auctioned.
The Helix–coil transition model is a theoretical framework used to describe the conformational changes in polypeptides and proteins, specifically the transition between helical regions (such as alpha-helices) and coil (or non-helical) regions. This model helps to understand how proteins and peptides adopt their three-dimensional structures, which are essential for their biological functions.
The Vickrey–Clarke–Groves (VCG) auction is a mechanism in the field of auction theory and microeconomic design, which is used to achieve efficient allocation of resources while ensuring truthful bidding by participants. It is a generalization of the Vickrey auction and is used in settings where there are multiple items and more complex preferences.
Extratropical cyclones are large-scale weather systems that form outside the tropics, typically in the mid-latitudes, where they are influenced by temperature contrasts between air masses. These cyclones are associated with fronts, which are boundaries between warm and cold air masses, and they usually develop along these fronts. Key characteristics of extratropical cyclones include: 1. **Structure**: They generally have a well-defined low-pressure center with a characteristic cold front and warm front extending from it.
In mathematics, the term "functional" generally refers to a specific type of mapping or transformation that takes a function as its input and produces a scalar output. More formally, a functional is an application that maps a function from a vector space (typically a space of functions) to the real numbers (or sometimes complex numbers).
An **integer-valued function** is a function whose outputs are always integers. This means that for every input value from its domain, the corresponding output value is an integer. Formally, if \( f: A \rightarrow \mathbb{Z} \), where \( A \) is a set (the domain of the function), and \( \mathbb{Z} \) is the set of all integers, then \( f \) is an integer-valued function.
A Mediterranean tropical-like cyclone, often referred to as a "medicane," is a weather phenomenon that occurs in the Mediterranean Sea and shares some characteristics with tropical cyclones, such as hurricanes and typhoons. Despite these similarities, medicane formation is distinct and is influenced by the unique atmospheric and sea surface conditions of the Mediterranean region.
Arithmetic functions are mathematical functions that take positive integers as inputs and produce real or complex numbers as outputs. These functions are typically defined on the set of positive integers and have various properties that make them useful in number theory and analysis. Some common types of arithmetic functions include: 1. **Divisor Functions**: Functions that count the number of divisors of an integer or sum the divisors.
The functions of space and time are fundamental concepts in physics and philosophy, and they play critical roles in various scientific disciplines, including astronomy, relativity, and quantum mechanics. Here’s a breakdown of their functions and significance: ### Functions of Space 1. **Location and Distance**: Space provides a framework for determining the position of objects and the distances between them. This is essential for navigation, mapping, and understanding the layout of the universe.
Inverse functions are functions that essentially "reverse" the action of a given function.
The theory of continuous functions is a fundamental topic in mathematics, particularly in the field of real analysis and topology. It deals with the properties, definitions, and implications of continuous functions, which are functions that preserve certain topological and analytical structures.
Pinned article: ourbigbook/introduction-to-the-ourbigbook-project
Welcome to the OurBigBook Project! Our goal is to create the perfect publishing platform for STEM subjects, and get university-level students to write the best free STEM tutorials ever.
Everyone is welcome to create an account and play with the site: ourbigbook.com/go/register. We belive that students themselves can write amazing tutorials, but teachers are welcome too. You can write about anything you want, it doesn't have to be STEM or even educational. Silly test content is very welcome and you won't be penalized in any way. Just keep it legal!
Intro to OurBigBook
. Source. We have two killer features:
- topics: topics group articles by different users with the same title, e.g. here is the topic for the "Fundamental Theorem of Calculus" ourbigbook.com/go/topic/fundamental-theorem-of-calculusArticles of different users are sorted by upvote within each article page. This feature is a bit like:
- a Wikipedia where each user can have their own version of each article
- a Q&A website like Stack Overflow, where multiple people can give their views on a given topic, and the best ones are sorted by upvote. Except you don't need to wait for someone to ask first, and any topic goes, no matter how narrow or broad
This feature makes it possible for readers to find better explanations of any topic created by other writers. And it allows writers to create an explanation in a place that readers might actually find it.Figure 1. Screenshot of the "Derivative" topic page. View it live at: ourbigbook.com/go/topic/derivativeVideo 2. OurBigBook Web topics demo. Source. - local editing: you can store all your personal knowledge base content locally in a plaintext markup format that can be edited locally and published either:This way you can be sure that even if OurBigBook.com were to go down one day (which we have no plans to do as it is quite cheap to host!), your content will still be perfectly readable as a static site.
- to OurBigBook.com to get awesome multi-user features like topics and likes
- as HTML files to a static website, which you can host yourself for free on many external providers like GitHub Pages, and remain in full control
Figure 2. You can publish local OurBigBook lightweight markup files to either OurBigBook.com or as a static website.Figure 3. Visual Studio Code extension installation.Figure 5. . You can also edit articles on the Web editor without installing anything locally. Video 3. Edit locally and publish demo. Source. This shows editing OurBigBook Markup and publishing it using the Visual Studio Code extension. - Infinitely deep tables of contents:
All our software is open source and hosted at: github.com/ourbigbook/ourbigbook
Further documentation can be found at: docs.ourbigbook.com
Feel free to reach our to us for any help or suggestions: docs.ourbigbook.com/#contact