Valuation and Strategy

You must configure the Express agent to bid using an automatic strategy or a manual strategy.

• An automatic strategy changes your bid continually according to a formula. It bases the bid on the market price, your valuation parameters, and the amount it has already acquired.
• A manual strategy lets you make one-time bids at a set quantity and price.

(See Merkato User Reference for Buyers, “Strategy Overview.”)

You must also configure the Express agent with a valuation method.

Your valuation settings indicate your maximum willingness to pay for various amounts of bandwidth. In the course of an auction, your agent uses this valuation information to determine whether to bid, how much bandwidth to ask for, and how much to offer, in response to changing market conditions

(See Merkato User Reference for Buyers, “Valuation Overview.”)