div class=ts-pagebutton class=gotoPage data-page=1Page 1button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page1jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=1 data-page=1 class=ts-thumb lazyload alt=Page 1: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails1jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=2Page 2button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page2jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=2 data-page=2 class=ts-thumb lazyload alt=Page 2: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails2jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=3Page 3button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page3jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=3 data-page=3 class=ts-thumb lazyload alt=Page 3: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails3jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=4Page 4button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page4jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=4 data-page=4 class=ts-thumb lazyload alt=Page 4: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails4jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=5Page 5button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page5jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=5 data-page=5 class=ts-thumb lazyload alt=Page 5: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails5jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=6Page 6button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page6jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=6 data-page=6 class=ts-thumb lazyload alt=Page 6: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails6jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=7Page 7button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page7jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=7 data-page=7 class=ts-thumb lazyload alt=Page 7: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails7jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=8Page 8button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page8jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=8 data-page=8 class=ts-thumb lazyload alt=Page 8: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails8jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=9Page 9button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page9jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=9 data-page=9 class=ts-thumb lazyload alt=Page 9: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails9jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=10Page 10button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page10jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=10 data-page=10 class=ts-thumb lazyload alt=Page 10: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails10jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=11Page 11button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page11jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=11 data-page=11 class=ts-thumb lazyload alt=Page 11: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails11jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=12Page 12button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page12jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=12 data-page=12 class=ts-thumb lazyload alt=Page 12: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails12jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=13Page 13button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page13jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=13 data-page=13 class=ts-thumb lazyload alt=Page 13: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails13jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=14Page 14button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page14jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=14 data-page=14 class=ts-thumb lazyload alt=Page 14: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails14jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=15Page 15button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page15jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=15 data-page=15 class=ts-thumb lazyload alt=Page 15: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails15jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=16Page 16button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page16jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=16 data-page=16 class=ts-thumb lazyload alt=Page 16: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails16jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=17Page 17button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page17jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=17 data-page=17 class=ts-thumb lazyload alt=Page 17: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - whether a user can create a more loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5thumbnails17jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=18Page 18button div class=ts-imagea href=https:reader042vdocumentsmxreader042viewer20220408145e59f6528abd2b67050aacf4html5page18jpg target=_blank img data-url=-participating-in-penny-auctions-seems-risky-can-a-strategy-be-employed-to-increasehtmlpage=18 data-page=18 class=ts-thumb lazyload alt=Page 18: Participating in penny auctions seems risky: can a strategy be employed to increase a users expected payoff Lets examine one such strategy - 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