auction
process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder
online auction
auction which is held over the Internet
Museum Broeker Veiling
museum in Broek op Langedijk, the Netherlands
court auction
auction which takes place at a public location designated by the court
spectrum auction
government auction of radio spectrum
police auction
auction of goods which have been confiscated by the police
charity auction
fundraising event
Calcutta auction
open auction held in conjunction with a golf tournament, horse race or similar contest with multiple entrants.
dollar auction
non-zero sum sequential game about auctioning a $1 bill with the rule that the 2nd-highest bidder also loses the bid amount; a paradox in which players make an ultimately irrational decision based on apparently rational choices
art auction
sale of art works, in most cases in an auction house
all-pay auction
auction where every bidder pays regardless of whether they win the prize
virginity auction
auction where a person seeks to sell their virginity
Vickrey auction
auction priced by second-highest sealed bid
English auction
type of dynamic auction
closed auction
auction procedure in which the participants cannot see from each other what is being offered
Wine auction
auction devoted to wine
Generalized second-price auction
Search auction mechanism
energy auction
way of selecting an electricity or gas supplier
First-price auction
common type of auction where all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant
reverse auction
type of auction in which the traditional roles of buyer and seller are reversed
Swiss auction
variation of the first-price sealed-bid auction
government auction
auction held on behalf of a government in which the property to be auctioned is either property owned by the government or property which is sold under the authority of a court of law or a government agency with similar authority
Auctions in ancient Greece
Public and private auctions in ancient Greece
knapsack auction
type of auction where bidders submit bids for an amount of, while the auctioneer selects a subset of bids that maximizes total value
foreclosure
legal process in which a lender attempts to recover the balance of a loan from a borrower
Dutch auction
type of auction which begins with a high asking price, and lowers it
philatelic auction
sale of postage stamps, postal covers and other philatelic material to the person who pays the most
flower auction
type of auction
candle auction
method of auction
smart market
periodic auction which is cleared by mathematical optimization