the setting optimal reserve price in auctions mechanism that maximizes the auctioneer「 s expected revenue is discussed based on the benchmark model.

在基準模型中，讨论了拍卖商期望收益最大化的最优保留价设置问题。

first, the dissertation studies the reserve price policies for the sellers and the bidding strategies for the customers by static game theory under incomplete information.

分析买方报价策略，证明买方最优报价随其估价递增，并且满足既定条件时是唯一最优报价；

a secret reserve price allows bidders to see each others」 gradually ascending bids and thus draw confidence that they are not alone in prizing the item.

保留价格保密可以让出价方看到彼此逐渐攀升的出价，从而激起他们的信心，让他们相信自己不是唯一欣赏这件物品的人。

misuse includes:stating the reserve price of the item when the item has not been listed using the reserve price feature.

误用包括：陈述项目的最低价格，当项目未使用最低价格特点被列出。

a seller is not permitted to misuse the reserve price feature.

卖主没有被允许误用最低价格特点。

many pieces that fail to achieve their reserve price at auction are quietly sold afterwards in 「private-treaty」 deals negotiated by the auction houses.

许多在拍卖行无法卖出其最低价格的艺术品，之后便会在台下悄悄地按照「私人协定」交易来完成，拍卖行则会充当协商方。

an open reserve price on ebay makes that reassurance impossible;

在ebay上公开保留价格就不可能起到这种安抚作用了；

results the optimal reserve price is lower than its cost, and the reserve price is increasing in the cost.

结果卖方最优保留价低于其成本，且随成本递增。

he has put a reserve price on his house.

他已把他的房子定下最低价格。

it was hoped the diamond would fetch $20 million but it was withdrawn from sale when bidding failed the sellers reserve price (which actually was $20 million).

在此拍卖会上，卖方期盼至少以2000万美元的代价售出，但由于竞拍失败，卖方撤出出售。

it is ok with me to start an auction without reserve price so could make sure sales would happen.

为了增加出销机会，我愿意无底价拍卖我的米…

the sale will be made to the highest bidder subject to a reserve price being attained.

只要达到了拍卖底价，标的物就会出售给出价最高的竞买人。

the reserve price for the town was $2.5 million.

这座小镇的竞拍低价是250万美元。

hearts red wine on a high price gap in quality goods, there are certain guarantee, but a cheap red wine also have good level, so the reserve price is very important.

红酒价钱上落差很大，高价货品在质素上有一定的保证，但较廉价的红酒同样有不错的水準，所以预定价钱是很重要的。

in electricity market, electricity price, reserve price and fuel price are more uncertain than those in the regulated conditions.

在电力市场中，电量价格、备用价格和燃料价格比管制情况下存在着更大的不确定性。

can you tell me what your reserve price is?

能告诉我最低价是多少吗？

it was hoped the diamond would fetch $20 million but it was withdrawn from sale when bidding failed the seller「s reserve price (which actually was $20 million).

在此拍卖会上，卖方希望至少以2000万美元的价格售出，但由于竞拍失败，卖方撤出销售。

last week, sun hung kai properties, hong kong」s largest developer, paid hk$3.4bn at auction for a plot near the border with china, exceeding the government's reserve price by 65 per cent.

上周，香港最大开发商新鸿基地产（sunhungkaiproperties）在拍卖中以34亿港元拍得邻近内地的一个地块，比政府保留价高出65%。

why this block to the reserve price for sale, many people in doubt .

为什么这个区块以底价销售，许多人怀疑。

so katkar and reiley put the theory to the test by simply selling 50 matched pairs of collectible cards, half with an open reserve price and half with a secret reserve price of the same level.

因此，卡特卡尔和赖利通过拍卖50对匹配的收藏卡片对这个理论进行了检验。 他们的方法是，在保留价相同的情况下，一半公开保留价，一半保密保留价。