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2. Online auction - Wikipedia

   en.wikipedia.org/wiki/Online_auction

   Private electronic market. Software. v. t. e. 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. [4]

3. 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. It is charged by the auctioneer in addition to the commission which has always ...

4. DealDash - Wikipedia

   en.wikipedia.org/wiki/DealDash

   DealDash. DealDash is a bidding fee auction website. It was founded in 2009, and is headquartered in Minneapolis, Minnesota, United States. [1][2][3] Users buy "bids", which are credits priced at 13 cents each, which increase the listed price of the item by 1 cent. If no user places a bid after the previous bid, by a time specified (9 seconds ...

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   mail.aol.com

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6. 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]

7. AOL.com - News, Sports, Weather, Entertainment, Local & Lifestyle

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8. Reverse auction - Wikipedia

   en.wikipedia.org/wiki/Reverse_auction

   A reverse auction (also known as buyer-determined auction or procurement auction) is a type of auction in which the traditional roles of buyer and seller are reversed. [1] Thus, there is one buyer and many potential sellers. In an ordinary auction also known as a forward auction, buyers compete to obtain goods or services by offering ...

9. Winner's curse - Wikipedia

   en.wikipedia.org/wiki/Winner's_curse

   v. t. e. The winner's curse is a phenomenon that may occur in common value auctions, where all bidders have the same (ex post) value for an item but receive different private (ex ante) signals about this value and wherein the winner is the bidder with the most optimistic evaluation of the asset and therefore will tend to overestimate and overpay.