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The highest bid wins the auction and its bidder becomes the declarer. In normal contracts, the declarer names trumps and calls an ace in a side suit. The player with that ace becomes the partner, but may not reveal this. The partnerships only become clear during play when the called ace appears. In a Tournee, the cat determines trumps (see above).
Those natural interpretations may hold in other auctions where the partnership has previously bid notrump naturally or shown a balanced hand conventionally. In some situations where 4NT is a quantitative invitation, especially where 4 ♣ is a jump, many partnerships use the Gerber convention instead of the Blackwood family: 4 ♣ asks for the ...
A Vickrey–Clarke–Groves (VCG) auction is a type of sealed-bid auction of multiple items. Bidders submit bids that report their valuations for the items, without knowing the bids of the other bidders. The auction system assigns the items in a socially optimal manner: it charges each individual the harm they cause to other bidders. [1]
The New York Liberty ended the Las Vegas Aces' three-peat bid with a Game 4 win on Sunday, advancing to the WNBA Finals for a second straight year.
The sale, to a private buyer, was for 135 million euros ($142,769,250). It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby's. [1]
According to the Goldin Auctions website on October 23, 2024, Ohtani's 50th home run ball sold for an astounding $4,392,000 USD (approximately 142 million NTD). The winning bid was placed by a ...