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  2. Auction - Wikipedia

    en.wikipedia.org/wiki/Auction

    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, ...

  3. 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 ...

  4. 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]

  5. 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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  7. English auction - Wikipedia

    en.wikipedia.org/wiki/English_auction

    An English auction is an open-outcry ascending dynamic auction. It proceeds as follows. The auctioneer opens the auction by announcing a suggested opening bid, a starting price, or a reserve for the item on sale. Then the auctioneer accepts increasingly higher bids from the floor and sometimes from other sources, for example online or telephone ...

  8. Massachusetts investigators pursue six 8th graders who ... - AOL

    www.aol.com/massachusetts-investigators-pursue...

    A mock slave auction held on Snapchat was directed at two particular students at Southwick Regional School, investigators allege SOUTHWICK, […] The post Massachusetts investigators pursue six ...

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    www.aol.com/games/play/masque-publishing/just-words

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