A multiunit auction is an auction in which several homogeneous items are sold. The units can be sold each at the same price (a uniform price auction) or...
7 KB (818 words) - 05:22, 9 August 2023
bid. Auctions with more than one winner are called multi-winner auctions. Multiunit auction, Combinatorial auction, Generalized first-price auction and...
110 KB (13,472 words) - 14:12, 12 May 2024
Vickrey auctions are much studied in economic literature but uncommon in practice. Generalized variants of the Vickrey auction for multiunit auctions exist...
13 KB (2,208 words) - 20:34, 21 May 2024
A Dutch auction is one of several similar types of auctions for buying or selling goods. Most commonly, it means an auction in which the auctioneer begins...
24 KB (3,117 words) - 12:44, 15 May 2024
An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected...
19 KB (2,250 words) - 22:13, 26 February 2024
An English auction is an open-outcry ascending dynamic auction. It proceeds as follows. The auctioneer opens the auction by announcing a suggested opening...
9 KB (1,173 words) - 15:01, 28 March 2024
A reverse auction (also known as buyer-determined auction or procurement auction) is a type of auction in which the traditional roles of buyer and seller...
27 KB (3,554 words) - 20:18, 13 April 2024
first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. In this type of auction, all bidders simultaneously...
11 KB (1,663 words) - 11:33, 13 April 2024
A virginity auction is an auction, often publicized online, where a person seeks to sell their virginity. The winning bidder will win the right to be...
25 KB (2,713 words) - 11:24, 4 March 2024
Auction theory is an applied branch of economics which deals with how bidders act in auctions and researches how the features of auctions incentivise...
39 KB (5,373 words) - 20:27, 1 May 2024