Curiously, the
reserve price of the registration 64 AS has a
reserve price of pounds 2,900, while the 47 MS plate is pounds 100 more.
Trai recommended a pan- India
reserve price of ` 1,496 crore per MHz in the 1,800 band, down 37 per cent from the base price set in the previous auction.
The EGoM, at its meeting held here on Monday, came out in favour of slashing the
reserve price for 800 MHz of CDMA spectrum by 30- 50 per cent depending on the demand preference of the telecom circle from the base price of the November 2012 auction, which had failed to get any bidder.
"The
reserve price for 1800 MHz band in the service areas of Delhi, Mumbai, Karnataka and Rajasthan be reduced by 30 percent from the previous
reserve price," an official statement said citing a decision taken by the Union Cabinet at its meeting on Thursday evening.
The telecom industry drew a clear link between the
reserve price and the poor response.
A rare plot of freehold land on an historic site in Shropshire is appearing with a nil
reserve price at a property auction in Birmingham.
A rare plot of freehold land on an historic site in Shropshire is appearing with a nil
reserve price at a property auction in Birmingham The site known as The Wynde is on the Coalport Road in Madeley and forms part of the Ironbridge Gorge world heritage site.
Movement away from the SJO, either toward the seller or toward the buyer, but within the overlap of
reserve prices, remains just in that both parties are benefitting, albeit not equally.
The current government - while restricting sales of surplus animals and birds on an individual basis - has decided to go for open auction with a marked increase in
reserve prices, according to which a lion cub up to the age of four months will be initially priced at Rs500,000 instead of Rs100,000.
"New
reserve prices are according to the ground realities and they will increase the investment in the mining sector", he said.
Guided by theory, we first identify the impact of
reserve prices on various standard margins of bidder's behavior such as their entry into auctions, bidding behavior within the auction, and ultimately the winning bid.