Getting to Know Dutch Auctions
What do you really know about a Dutch Auction? The history and origin of the Dutch Auction is actually a fascinating look at many of the same economic themes and issues we look at today. Microeconomic themes like supply and demand, finance themes like futures and options, and auction theory themes like first price and efficient pricing all were explored in 1600's Holland, hundreds of years before they were considered the science they are today.
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