Material Detail

In this reverse auction of presentation dates, student groups submit their "offers" for taking weekly presentation dates 2,3,4 or 5 weeks away in order to illustrate the discounting of future effort. The offers state how many bonus points the group would want to receive to be assigned to the earlier rather than the later days, with those groups presenting on the final day receiving no bonus points. The groups complete an exercise using the bids to calculate a simple discount rate. Group presentations are scheduled by offers. Groups receive bonus points based on the lowest bid set. Setup document and worksheet included.

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