Digital goods auction

Introduction to Digital goods auction

In auction theory, a digital goods auction is an auction in which a seller has an unlimited
supply of a certain item.
A typical example is when a company sells a digital good, such as a movie. The company can
create an unlimited number of copies of that movie in a negligible cost. The company's goal
is to maximize its profit; to do this, it has to find the optimal price: if the price is too high,
only few people will buy the item; if the price is too low, many people will buy but the total
revenue will be low. The optimal price of the movie depends on the valuations of the
potential consumers - how much each consumer is willing to pay to buy a movie.
If the valuations of all potential consumers are known, then the company faces a simple
optimization problem - selecting the price that maximizes the profit. For concreteness,
suppose there is a set

{\displaystyle S}
of consumers and that they are ordered by their valuation, so that the consumer with the
highest valuation (willing to pay the largest price for the movie) is called "1", the next-
highest is called "2", etc. The valuation of consumer

{\displaystyle i}
is denoted by

i
 {\displaystyle v_{i}}
, such that

≥
…

{\displaystyle v_{1}\geq v_{2}\geq \dots }

. For every

{\displaystyle i}
, if the price is set to

p
∈
(

v
 i
+
1

{\displaystyle p\in (v_{i+1},v_{i}]}

, then only the first

{\displaystyle i}
consumers buy the movie, so the profit of the company is

p
⋅
i

{\displaystyle p\cdot i}
. It is clear that in this case, the company is best-off setting the price at exactly

i
 {\displaystyle v_{i}}
; in this case its profit is

⋅
i

{\displaystyle v_{i}\cdot i}
.

Xenopeltis

Quiz 1 Xenopeltis

Xenopeltis the sunbeam snakes, are the sole genus of the monotypic family Xenopeltidae,
the species of which are found in Southeast Asia. Sunbeam snakes are known for their
highly iridescent scales. Currently, two species are recognized. Studies of DNA suggest that
the xenopeltids are most closely related to the Mexican burrowing python, Loxocemus
bicolor, and to the true pythons of Pythonidae.

== Description ==

Adults can grow up to 1.3 m (51 in) in length. The head scales are made up of large plates
much like those of the Colubridae, while the ventral scales are only slightly reduced. Pelvic
vestiges are not present.The dorsal color pattern is a reddish-brown, brown, or blackish
color. The belly is an unpatterned whitish-gray. The scales are highly iridescent.

== Geographic range ==
They are found in Southeast Asia from the Andaman and Nicobar Islands, east through
Myanmar to southern China, Thailand, Laos, Cambodia, Vietnam, the Malay Peninsula and
the East Indies to Sulawesi, as well as the Philippines.

Rural Municipality of Cana No. 214

NoteRural Municipality of Cana No. 214

The Rural Municipality of Cana No. 214 (2016 population: 867) is a rural municipality (RM)
in the Canadian province of Saskatchewan within Census Division No. 5 and SARM Division
No. 1. It is located in the southeast portion of the province.

== History ==
The RM of Cana No. 214 incorporated as a rural municipality on December 13, 1909.
Heritage propertiesThere is one historical site located within the RM.

Home Quarter of the Wotherspoon Farm - Constructed in 1905, this homestead is located
41⁄2 miles north of Melville on Highway 47. The homestead is being restored as a historical
site.

== Demographics ==

In the 2021 Census of Population conducted by Statistics Canada, the RM of Cana No.

Arthur Schafer

NoteArthur Schafer

Arthur Schafer is a Canadian ethicist specializing in bioethics, philosophy of law, social

philosophy and political philosophy. He is Director of the Centre for Professional and
Applied Ethics, at the University of Manitoba.
He is also a Full Professor in the Department of Philosophy and an Ethics Consultant for the
Department of Paediatrics and Child Health at the Health Sciences Centre in Winnipeg. For
ten years he was Head of the Section of Bio-Medical Ethics in the Faculty of Medicine of the
University of Manitoba. He has also served as Visiting Scholar Green College, Oxford.
Professor Schafer has received a number of awards and honours. He is a Canadian
Commonwealth Scholar, Honorary Woodrow Wilson Scholar, a Canada Council Fellow. At
the University of Manitoba he has received the Stanton Teaching Excellence Award, the
Campbell Award for University Outreach, and the University Teaching Service Award for
Teaching Excellence.
Arthur Schafer has published widely in the fields of moral, social, and political philosophy.
He is author of The Buck Stops Here: Reflections on moral responsibility, democratic
accountability and military values, and co-editor of Ethics and Animal Experimentation.

Arthur Schafer

NoteArthur Schafer

Arthur Schafer is a Canadian ethicist specializing in bioethics, philosophy of law, social

philosophy and political philosophy. He is Director of the Centre for Professional and
Applied Ethics, at the University of Manitoba.
He is also a Full Professor in the Department of Philosophy and an Ethics Consultant for the
Department of Paediatrics and Child Health at the Health Sciences Centre in Winnipeg. For
ten years he was Head of the Section of Bio-Medical Ethics in the Faculty of Medicine of the
University of Manitoba. He has also served as Visiting Scholar Green College, Oxford.
Professor Schafer has received a number of awards and honours. He is a Canadian
Commonwealth Scholar, Honorary Woodrow Wilson Scholar, a Canada Council Fellow. At
the University of Manitoba he has received the Stanton Teaching Excellence Award, the
Campbell Award for University Outreach, and the University Teaching Service Award for
Teaching Excellence.
Arthur Schafer has published widely in the fields of moral, social, and political philosophy.
He is author of The Buck Stops Here: Reflections on moral responsibility, democratic
accountability and military values, and co-editor of Ethics and Animal Experimentation.