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2. Online auction - Wikipedia

   en.wikipedia.org/wiki/Online_auction

   An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [ 1 ] [ 2 ] [ 3 ] Similar to in-person auctions, online auctions come in a variety of types , with different bidding and selling rules.

3. Vickrey–Clarke–Groves auction - Wikipedia

   en.wikipedia.org/wiki/Vickrey–Clarke–Groves...

   A Vickrey–Clarke–Groves (VCG) auction is a type of sealed-bid auction of multiple items. Bidders submit bids that report their valuations for the items, without knowing the bids of the other bidders. The auction system assigns the items in a socially optimal manner: it charges each individual the harm they cause to other bidders. [1]

4. Vickrey auction - Wikipedia

   en.wikipedia.org/wiki/Vickrey_auction

   The uniform-price auction does not, however, result in bidders bidding their true valuations as they do in a second-price auction unless each bidder has demand for only a single unit. A generalization of the Vickrey auction that maintains the incentive to bid truthfully is known as the Vickrey–Clarke–Groves (VCG) mechanism.

5. 13 Vintage Cameras That Are Now Collector’s Treasures

   www.aol.com/13-vintage-cameras-now-collector...

   Image courtesy of liveauctioneers.com and Alderfer Auctions Another 1970s gem, the Yashica Mat-124G is known for its reliability and stellar performance. In good condition, these vintage cameras ...

6. Hawaii Can Auction Off Your Car Without Ever Convicting You - AOL

   www.aol.com/news/hawaii-auction-off-car-without...

   Many of the vehicles up for auction on Tuesday show what can go wrong. The owners of the 2010 Chevrolet Camaro were not convicted. Neither were the owners of a 2010 Acura or a 2012 Honda Civic ...

7. GM dealer Rick Hendrick pays $3.7M to own Corvette ZR1, the ...

   www.aol.com/gm-dealer-rick-hendrick-pays...

   Downs said this weekend's auction raised $6.2 million for charity with the sale of five vehicles, led by the ZR1 VIN 001. To date, Barrett-Jackson has raised over $162 million for charity.