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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]
All-pay. Chinese; Bidding fee; Dollar; Amsterdam; Anglo-Dutch; Barter double; Best/not best; Brazilian; Calcutta; Candle; Click-box bidding; Combinatorial; Common value
The silent auction is a variant of the English auction in which bids are written on a sheet of paper. At the predetermined end of the 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 ...
However, online auction sites, unlike live auctions, usually have an automatic bidding system which allows a bidder to enter their maximum acceptable bid. This is a hidden or proxy bid, known to the system, but not any other bidders; during the auction the actual bid is incremented only enough to beat the existing highest bid. For example, if ...
Huawei Technologies asked a U.S. judge to dismiss much of a federal indictment accusing the Chinese telecommunications company of trying to steal technology secrets from U.S. rivals and misleading ...
Donald Trump’s Moorish palace seemed all but deserted late that morning, the seaside estate’s cavernous living room traversed intermittently by a junior staffer or silent aide. Totems to Trump ...
The event also included a silent auction featuring signed and rare memorabilia with all of the proceeds, including ticket sales, going toward music education programs. FMF has also hosted events with master guitarist Pepe Romero [4] and the New West Symphony. FMF's most recent event was a benefit entitled "The Gift of Music."