TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

règle de Vickrey de calcul du deuxième prix [1 record]

Record 1 2013-11-26

English

Subject field(s)
  • Sales (Marketing)
  • Market Prices
CONT

The approach used in the 2.6GHz auction was based on a third requirement when selecting the winning prices amongst MRC [minimum revenue core] prices, which is that the winning prices should minimize the Euclidean distance from Vickrey prices (i.e. the sum-across-winners of the squares of differences from Vickrey prices). We call this the "Vickrey-nearest rule."

French

Domaine(s)
  • Vente
  • Prix (Commercialisation)

Spanish

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