Bid shading
In an auction, bid shading describes the practice of a bidder placing a bid that is below what they believe a good is worth.
money
Oct 01
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Aug 12
History of trade
Trade originated with the start of communication in prehistoric time. Trading was the main facility of prehistoric people, who bartered goods and services from each other. Peter Watson dates the history of long-distance commerce from circa 150,000 years ago.
Aug 10
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Jul 17
Gambling addiction and the teens
Could be based upon skill, but always has a component of chance. That’s what makes it “gambling” – it’s unpredictable.
Does it have to be money to be considered gambling?
Could be betting on dinner, a CD, etc. (something of value taken away if don’t win)
From Carlson & Moore, 1998:
Jun 21
The secret files of DNA against Adrian Nastase, made public on the Chamber of Deputies website
In November 2006, the National Department of Anti-corruption (DNA) charged Adrian Nastase, ex Prime Minister of Romania from December 2000 to December 2004, of corruption and bribery. According to the prosecutors, the amount of money obtained illegally totals more than € 1 million.
Jun 10
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