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Bidding to the Top: Position-based Auctions - page 8 / 23

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Example: GGSP

Suppose number of positions available k = 3.

$2.30

-

$3.00

$5.90

price

3

3

1

3

2

Cutoff i

$2.30

E.com

$3.00

D.com

$5.30

C.Com

$5.90

B.com

$6.10

A.com

bid

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