Which mathematical pricing strategy, named after a Dutch economist, is famous for using sealed bids where the winner pays the second-highest bid amount?

Throughout history, several innovative mathematical pricing models have revolutionized retail and e-commerce. From dynamic pricing algorithms to psychological price points, mathematics has played a crucial role in determining how products are priced. This trivia question tests your knowledge about a famous mathematical pricing strategy that changed how retailers approach their pricing decisions.

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Vickrey auction
Nash equilibrium pricing
Ramsey optimal pricing
Bertrand competition model