An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest...
111 KB (13,539 words) - 12:46, 16 October 2024
A Vickrey auction or sealed-bid second-price auction (SBSPA) is a type of sealed-bid auction. Bidders submit written bids without knowing the bid of the...
13 KB (2,220 words) - 21:37, 25 September 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 (3,163 words) - 18:38, 20 September 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 (3,563 words) - 16:38, 5 July 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
Yahoo! Auctions is a service set up by the online search giant Yahoo! in 1998 to compete against eBay. There are currently only two localizations of the...
7 KB (558 words) - 06:55, 29 August 2024
Auction sniping (also called bid sniping) is the practice, in a timed online auction, of placing a bid likely to exceed the current highest bid (which...
14 KB (1,814 words) - 08:44, 4 July 2024
Auction theory is a branch of applied economics that deals with how bidders act in auctions and researches how the features of auctions incentivise predictable...
39 KB (5,361 words) - 10:45, 19 July 2024
A no-reserve auction (NR), also known as an absolute auction, is an auction in which the item for sale will be sold regardless of price. From the seller's...
3 KB (306 words) - 21:18, 30 May 2023
This list of most expensive watches sold at auction documents the watches sold at auction worldwide for at least 1.5 million US dollars. The final price...
105 KB (5,861 words) - 16:56, 23 September 2024