Study by Pepperdine on optimal bidding strategies

[Joel Warner]

I'm preparing for my first Local tax deed auction. I come from a scientific/research oriented background(though not my occupation now) and so this study confirmed a lot of my preparation research. Bottom line: Choose a target (% or $) and stick to it.

thought some folks might be interested

http://gbr.pepperdine.edu/2010/08/the-winners-curse-and-optimal-auction-bidding-strategies/

A lot of good info here on BP!