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reserve price |
Also found in: Financial, Wikipedia | 0.02 sec. |
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reserve price the minimum price acceptable to the owner of property being auctioned or sold How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Buyer1 (B1) has a reservation price of $12 for the widget and buyer2 (B2) has a reservation price of $15. Inventory Competition - The bid-for-placement and automated real-time auction system forces advertisers to compete for valuable inventory and pay their maximum reservation price, without time-consuming negotiations. The monetary value of the utility or the reservation price of the product can be found out by the method suggested in [6]. |
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