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2. 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]

3. Auction - Wikipedia

   en.wikipedia.org/wiki/Auction

   The silent auction is a variant of the English auction in which ... must disclose this to bidders at the auction; similar rules may apply for employees of the ...

4. 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 ...

5. Vickrey auction - Wikipedia

   en.wikipedia.org/wiki/Vickrey_auction

   A Vickrey auction or sealed-bid second-price auction (SBSPA) is a type of sealed-bid auction. Bidders submit written bids without knowing the bid of the other people in the auction. The highest bidder wins but the price paid is the second-highest bid. This type of auction is strategically similar to an English auction and gives bidders an ...

6. Auction sniping - Wikipedia

   en.wikipedia.org/wiki/Auction_sniping

   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 ...

7. Florida lawyer writes rules to win condo auctions for $100 ...

   www.aol.com/florida-lawyer-writes-rules-win...

   Some bidders on the losing end of auctions have alleged in court documents that Schandler’s network works with shill bidders who drive up the prices of the auction with no intention of actually ...

8. Penny auction (foreclosure) - Wikipedia

   en.wikipedia.org/wiki/Penny_auction_(foreclosure)

   Neighbors would gather in large numbers at the auction and place bids of only a few pennies, while intimidating anyone who attempted to bid competitively. [1] In the end, the bank that owned the farm would get whatever was bid and the neighbors would return the farm and its contents to the farmer. [2]

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