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2. Multi-attribute auction - Wikipedia

   en.wikipedia.org/wiki/Multi-attribute_auction

   The structural elements of a bid are called designated attributes. Attributes may be verifiable, unverifiable, or auctioneer-provided. [5] If bids include a single quality, such as price, the auction is referred to as a single-attribute auction. Generally, bids are prices in English auctions, and confirmations in Dutch and Japanese auctions.

3. High-Bid - Wikipedia

   en.wikipedia.org/wiki/High-Bid

   Larry and Pearl Winters designed High-Bid and it was published by 3M in 1963. It sold well, and 3M came out with new editions in 1964, 1965, 1967, 1968, 1970 and 1975. [3] Avalon Hill then acquired the license for the game, and produced a new edition titled The Collector in 1977, and an edition with the title Auction in 1989. [3]

4. PropertyRoom.com - Wikipedia

   en.wikipedia.org/wiki/PropertyRoom.com

   Instead of having traditional auctions with auctioneers where only people who attended could bid, PropertyRoom.com was created so that these goods could be auctioned online where people across the entire United States could place bids 24 hours a day, 7 days a week. For the clients using PropertyRoom.com's service, they handle the pickup of the ...

5. 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.

6. Jump bidding - Wikipedia

   en.wikipedia.org/wiki/Jump_bidding

   The auction proceeds in two stages: In the first stage, each bidder bids either 0 (no jump) or K (jump). If exactly one bidder jumped, then this bidder wins the item and pays K and the auction is over. Otherwise - In the second stage, there is an incremental auction (a Japanese auction) starting at the current price. The initial price is 0 if ...

7. First-price sealed-bid auction - Wikipedia

   en.wikipedia.org/wiki/First-price_sealed-bid_auction

   A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. [1] In this type of auction, all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price that was submitted. [2]: p2 [3]

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9. Bidding - Wikipedia

   en.wikipedia.org/wiki/Bidding

   Timed bidding auctions allow users to bid at any time during a defined time period, simply by entering a maximum bid. Timed auctions take place without an auctioneer calling the sale, so bidders don't have to wait for a lot to be called. This means that a bidder doesn't have to keep his eye on a live auction at a specific time.