strategy

I love the use of color in this textbook to make payoffs for each player identifiable. I am looking forward to reading this in detail.

Interesting that round numbers mean lower selling prices but that the sales happen quicker.

Steve Tadelis is one of the co-authors and he's done some interesting research from his time at eBay. Last year he published a paper that paid search ads were not really effective and that made the rounds, even getting mentioned in The Economist. Google wrote back to refute the claim, saying eBay is a special website and search ads do work. Here's that study: http://newsroom.haas.berkeley.edu/research-news/study-finds-...

For fun you can try out non-integral factorial values. For example, type in (1/2)! into WolframAlpha or Google, and you'll find the answer is the square root of pi over 2.

This is due to the gamma function extension: https://www.youtube.com/watch?v=QhDDpSju3uY