LUBA

(redirected from Lowest unique bid auction)
AcronymDefinition
LUBALand Use Board of Appeal
LUBALowest Unique Bid Auction
LUBALoading on the Upper Body Assessment (ergonomics)
LUBALimited Underwater Breathing Apparatus
References in periodicals archive ?
The researchers conducted a computer simulation and identified what the optimal strategy is in lowest unique bid auctions.
In lowest unique bid auctions, people like to win and become overly optimistic about the amount of money they will lose.
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