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  2. Unusual eBay listings - Wikipedia

    en.wikipedia.org/wiki/Unusual_eBay_listings

    The price had risen to $3,000 before eBay closed the auction. [8] [9] In May 2006, the remains of U.S. Fort Montgomery, a stone fortification in upstate New York built in 1844, were put up for auction on eBay. The first auction ended on June 5, 2006, with a winning bid of US$5,000,310.

  3. Chukka boot - Wikipedia

    en.wikipedia.org/wiki/Chukka_boot

    Chukka boots (/ ˈ tʃ ʌ k ə / [1]) are ankle-high leather boots with suede or leather uppers, leather, wooden or rubber soles, and open lacing, with two or three pairs of eyelets. [2] The name chukka possibly comes from the game of polo , where a chukka is a period of play.

  4. Vickrey auction - Wikipedia

    en.wikipedia.org/wiki/Vickrey_auction

    The terms Vickrey auction and second-price sealed-bid auction are, in this case only, equivalent and used interchangeably. In the case of multiple identical goods, the bidders submit inverse demand curves and pay the opportunity cost. [4] Vickrey auctions are much studied in economic literature but uncommon in practice.

  5. Online auction - Wikipedia

    en.wikipedia.org/wiki/Online_auction

    The largest consumer-to-consumer online auction site is eBay, which researchers suggest is popular because it is a convenient, efficient, and effective method for buying and selling goods. [ 6 ] Despite the benefits of online auctions, the anonymity of the internet, the large market, and the ease of access makes online auction fraud easier than ...

  6. Dutch auction - Wikipedia

    en.wikipedia.org/wiki/Dutch_auction

    Dutch auctions are all sellers' bidding auctions, also known as silent auctions, which can be divided into two types. Manual silent auction is an early traditional form of price reduction auction, in which the auctioneer first publicly quotes the highest price, and then the bidders respond accordingly. In the event of a price that no one bids ...

  7. Spectrum auction - Wikipedia

    en.wikipedia.org/wiki/Spectrum_auction

    A spectrum auction is a process whereby a government uses an auction system to sell the rights to transmit signals over specific bands of the electromagnetic spectrum and to assign scarce spectrum resources. Depending on the specific auction format used, a spectrum auction can last from a single day to several months from the opening bid to the ...

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