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2. Auction theory - Wikipedia

   en.wikipedia.org/wiki/Auction_theory

   Auctions. 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 ...

3. Multiunit auction - Wikipedia

   en.wikipedia.org/wiki/Multiunit_auction

   A uniform price auction otherwise known as a "clearing price auction", pay-as-clear[ 1] or marginal price auction, "marginal price system" (MPS), [ 2] is a multiunit auction in which a fixed number of identical units of a homogenous commodity are sold for the same price. Each bidder in the auction may submit (possibly multiple) bids ...

4. Spectrum auction - Wikipedia

   en.wikipedia.org/wiki/Spectrum_auction

   A spectrum auction is a process whereby a government uses an auction system to sell the rights to transmit signals over specific bands of the electromagnetic spectrum and to assign scarce spectrum resources. Depending on the specific auction format used, a spectrum auction can last from a single day to several months from the opening bid to the ...

5. Sequential auction - Wikipedia

   en.wikipedia.org/wiki/Sequential_auction

   A sequential auction is an auction in which several items are sold, one after the other, to the same group of potential buyers. In a sequential first-price auction (SAFP), each individual item is sold using a first price auction, while in a sequential second-price auction (SASP), each individual item is sold using a second price auction .

6. Auction - Wikipedia

   en.wikipedia.org/wiki/Auction

   A simultaneous ascending auction is an opposite of a sequential auction, where the auctions are run in parallel. [84] Other features ... On-site auctions ...

7. Online auction - Wikipedia

   en.wikipedia.org/wiki/Online_auction

   Ebidding. 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.