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  2. Chinese auction - Wikipedia

    en.wikipedia.org/wiki/Chinese_auction

    Chinese auction is a type of the all-pay auction, where the probability of winning depends on the relative size of a participant's bid. [1] The choice of the winner is done by a lottery, whereby the bidders compete for a higher chance of winning. [1] It is also known as penny raffle, chance auction and tricky tray. [2] [3]

  3. Auction - Wikipedia

    en.wikipedia.org/wiki/Auction

    The silent auction is a variant of the English auction in which bids are written on a ... An auction has five bath fragrance gift baskets where bidding is "lot", and ...

  4. 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 ...

  5. Taylor Swift Donates Platinum Record to Patrick Mahomes ... - AOL

    www.aol.com/entertainment/taylor-swift-donates...

    Taylor Swift was enchanted to support Patrick Mahomes’ nonprofit with a special silent auction item.. Optimal Fundraising Group, which organized the auction for the 15 and the Mahomies ...

  6. All-pay auction - Wikipedia

    en.wikipedia.org/wiki/All-pay_auction

    The most straightforward form of an all-pay auction is a Tullock auction, sometimes called a Tullock lottery after Gordon Tullock, in which everyone submits a bid but both the losers and the winners pay their submitted bids. [5] This is instrumental in describing certain ideas in public choice economics. [citation needed]

  7. Auction theory - Wikipedia

    en.wikipedia.org/wiki/Auction_theory

    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 outcomes. Auction theory is a tool used to inform the design of real-world auctions. Sellers use auction theory to raise higher revenues while allowing buyers to procure at a lower cost.

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    Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

  9. Man in critical condition after being pushed onto New York ...

    www.aol.com/man-critical-condition-being-pushed...

    A man was left in critical but stable condition after he was pushed onto the subway tracks at the 18th Street station in Manhattan's Chelsea neighborhood. The 45 -year-old victim was pushed onto ...

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