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Offer utilization method for use during auctions, involves providing description of offer to interested people, collecting and summing payments of interested people, and delivering offer if sum reaches basic marginal value
Offer utilization method for use during auctions, involves providing description of offer to interested people, collecting and summing payments of interested people, and delivering offer if sum reaches basic marginal value
The method involves forming a pool of interested people, and providing a description of an offer to the interested people. Payments of the interested people are collected and summed. The offer is not delivered to the interested people if the sum falls below a basic marginal value, and the offer is delivered if the sum reaches the basic marginal value. The description of the offer is kept secret outside the pool of the interested people.
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