Case Study: Auctions and Dynamic Pricing

2/18/2021 Rubric Detail – ECO550041VA016-1212-001

https://blackboard.strayer.edu/webapps/rubric/do/course/gradeRubric?mode=grid&isPopup=true&rubricCount=1&prefix=_25800821_1&course_id=_30… 1/3

Unacceptable NeedsImprovement Competent Exemplary

Compare and contrast how English and Dutch auctions and how sealed-bid first- price and Vickery auctions uncover value.

0 (0.00%) Did not submit or incompletely compared and contrast how English and Dutch auctions and how sealed- bid first-price and Vickery auctions uncover value.

26.4375 (11.25%) Partially compared and contrast either English and Dutch auctions or sealed-bid first-price and Vickery auctions with regard to how they uncover value.

29.9625 (12.75%) Satisfactorily compared and contrast how English and Dutch auctions and how sealed- bid first-price and Vickery auctions uncover value.

35.25 (15.00%) Thoroughly compared and contrast how English and Dutch auctions and how sealed- bid first-price and Vickery auctions uncover value.

Compare and contrast surge pricing and congestion pricing.

0 (0.00%) Did not submit or incompletely compared and contrast surge pricing and congestion pricing.

26.4375 (11.25%) Partially compared and contrast surge pricing and congestion pricing.

29.9625 (12.75%) Satisfactorily compared and contrast surge pricing and congestion pricing.

35.25 (15.00%) Thoroughly compared and contrast surge pricing and congestion pricing with real- world examples to enhance the comparisons.

Name: w07a1

Description: w07a1 - Case Study: Auctions and Dynamic Pricing ExitExit

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2/18/2021 Rubric Detail – ECO550041VA016-1212-001

https://blackboard.strayer.edu/webapps/rubric/do/course/gradeRubric?mode=grid&isPopup=true&rubricCount=1&prefix=_25800821_1&course_id=_30… 2/3

Unacceptable NeedsImprovement Competent Exemplary

Explain the need for an auction to uncover value and how the type of auction used is better than other options for three examples in finance, e- commerce, and/or e-games.

0 (0.00%) Did not submit or incompletely explained the need for an auction to uncover value and how the type of auction used is better than other options for three examples in finance, e- commerce, and/or e-games.

35.25 (15.00%) Partially explained the need for an auction to uncover value and how the type of auction used is better than other options for three examples in finance, e- commerce, and/or e-games.

39.95 (17.00%) Satisfactorily explained the need for an auction to uncover value and how the type of auction used is better than other options for three examples in finance, e- commerce, and/or e-games.

47 (20.00%) Thoroughly explained the need for an auction to uncover value and how the type of auction used is better than other options for three examples in finance, e- commerce, and/or e-games by making explicit reference to supporting evidence to support the explanation.

Explain the advantages and disadvantages of auctions as a revenue generator for not-for-profit organizations.

0 (0.00%) Did not submit or incompletely explained the advantages and disadvantages of auctions as a revenue generator for not-for-profit organizations.

35.25 (15.00%) Partially explained the advantages and disadvantages of auctions as a revenue generator for not-for-profit organizations.

39.95 (17.00%) Satisfactorily explained the advantages and disadvantages of auctions as a revenue generator for not-for-profit organizations.

47 (20.00%) Thoroughly explains the advantages and disadvantages of auctions as a revenue generator for not-for-profit organizations by providing specific real- world examples to enhance the explanation.

Propose ways in which a for- profit company could use auctions or dynamic pricing to better uncover value and increase revenue.

0 (0.00%) Did not submit or incompletely proposed ways in which a for- profit company could use auctions or dynamic pricing to better uncover value and increase revenue.

35.25 (15.00%) Partially proposed ways in which a for- profit company could use auctions or dynamic pricing to better uncover value and increase revenue.

39.95 (17.00%) Satisfactorily proposed ways in which a for- profit company could use auctions or dynamic pricing to better uncover value and increase revenue.

47 (20.00%) Thoroughly proposes ways in which a for- profit company could use auctions or dynamic pricing to better uncover value and increase revenue with explicit references to academic, quality evidence.

2/18/2021 Rubric Detail – ECO550041VA016-1212-001

https://blackboard.strayer.edu/webapps/rubric/do/course/gradeRubric?mode=grid&isPopup=true&rubricCount=1&prefix=_25800821_1&course_id=_30… 3/3

Unacceptable NeedsImprovement Competent Exemplary

Use at least three quality academic references, including one that has been published in the last six months.

0 (0.00%) No references provided.

8.8125 (3.75%) Does not meet the number of required references; some or all references are poor-quality choices.

9.9875 (4.25%) Meets the number of required references; all references are high-quality choices.

11.75 (5.00%) Exceeds the number of required references; all references are high-quality choices.

Clarity, writing mechanics, and formatting requirements.

0 (0.00%) More than six errors present.

8.8125 (3.75%) 5–6 errors present.

9.9875 (4.25%) 3–4 errors present.

11.75 (5.00%) 0–2 errors present.

Name:w07a1

Description:w07a1 - Case Study: Auctions and Dynamic Pricing ExitExit