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  2. No-reserve auction - Wikipedia

    en.wikipedia.org/wiki/No-reserve_auction

    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. [1] [2]From the seller's perspective, advertising an auction as having no reserve price can be desirable (but risky) because it potentially attracts a greater number of bidders due to the possibility of a bargain. [1]

  3. Unusual eBay listings - Wikipedia

    en.wikipedia.org/wiki/Unusual_eBay_listings

    On eBay, the bidding price started at $233.95, with bidding ended at a sale price of US$10,000. [63] Both the e-mail exchange and the picture have become internet hits. [64] In July 2009, Dornoch Capital Advisors placed England's Coca-Cola League One Side Tranmere Rovers F.C. on eBay without permission from owner and chairman Peter Johnson ...

  4. Auction - Wikipedia

    en.wikipedia.org/wiki/Auction

    Dutch auction also known as an open descending price auction. [1] In the traditional Dutch auction the auctioneer begins with a high asking price for some quantity of like items; the price is lowered until a participant is willing to accept the auctioneer's price for some quantity of the goods in the lot or until the seller's reserve price is ...

  5. Buyer's premium - Wikipedia

    en.wikipedia.org/wiki/Buyer's_premium

    In auctions, the buyer's premium is a charge in addition to the hammer price (i.e. the winning bid announced) of an auction item, or lot. The winning bidder is required to pay both the hammer price and the percentage of that price called for by the buyer's premium.

  6. Auction sniping - Wikipedia

    en.wikipedia.org/wiki/Auction_sniping

    Some auction systems allow buyers to end an auction early by paying a predetermined final price for the item (generally substantially more than the minimum opening bid). This may discourage some sniping because another bidder can simply purchase the item outright while the sniper is waiting for the auction end time, even if a successful snipe ...

  7. 2 Reasons You Should Buy a New Car Instead of a Used ... - AOL

    www.aol.com/finance/2-reasons-buy-car-instead...

    Although new car prices are predicted to remain high in 2025, it might be a better bet to buy a new car versus a used car if you're looking to purchase this year. There are several factors favoring...

  8. EBay added $3 billion in market value in one day—thanks to ...

    www.aol.com/finance/ebay-added-3-billion-market...

    EBay’s stock price rose nearly 10% on Wednesday—one of its largest single-day increases in years—boosting the company’s market cap by about $3 billion to $33 billion. But the e-commerce ...

  9. Winner's curse - Wikipedia

    en.wikipedia.org/wiki/Winner's_curse

    Savvy bidders will avoid the winner's curse by bid shading, or placing a bid that is below their ex ante estimation of the value of the item for sale—but equal to their ex post belief about the value of the item, given that they win the auction. The key point is that winning the auction is bad news about the value of the item for the winner ...

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