Assignment 1

The assignment, Case Study: Auctions and Dynamic Pricing, is due in Week 7.

For this assignment, you will answer the questions in the Case Study: Auctions and Dynamic Pricing assignment instructions. You will also be asked to refer to the video below and to provide at least three academic or high-quality business publications in your assignment submission.

• The Ideal Auction.

If you need guidance in your research for this assignment, you can use the Research Hub link in the left menu to access the Library Guide to Research for ECO550.

For parts of this assignment, you will want to draw upon the concepts and skills of elasticity, price determination, and other topics from the Problem Set in Week 5 to inform your development of this assignment submission.