English auction

In addition, he derived an explicit bound on expected revenue for English auctions.

English auction, also known as an open ascending price auction.

In 2001, a copy of the first issue fetched £3,600 at an English auction house.

English auctions may end at a specified time, or when no new bids have been made after a period of time.

Japanese auction is a variation of the English auction.

Amsterdam auctions, a type of premium auction which begins as an English auction.

We're more familiar with what economists call an English auction--prices start low and rise as people bid.

I have attended your English auctions.

This type of auction is distinct from the English auction, in that bidders can only submit one bid each.

This type of auction is strategically similar to an English auction, and gives bidders an incentive to bid their true value.

That was where the cash came from to buy Sotheby's, the English auction house, which was founded in 1744.

Both of these companies used ascending bid, English auctions and were the first of their kind to take advantage of the new technological opportunities.

Silent auction is a variant of the English auction in which bids are written on a sheet of paper.

Most of the PropertyRoom.com English auctions start at $1 with no reserve and typically run for three to five days.

Among them, 47 were recently discovered by Guy Peppiat and offered on sale at an English auction house.

On English auctions for example, the price goes up in 1 pence (0.01 GBP) increments.

In a Chinese auction, bidders are not prospective buyers (as in the conventional English auction).

Both finalists receive a premium: a proportion of the excess of the second price over the third price (at which English auction ended).

The English auction is commonly used for selling goods, most prominently antiques and artwork, but also secondhand goods and real estate.

Dutch auctions are the reverse of English auctions whereby the price begins high and is systematically lowered until a buyer accepts the price.

This auction operations the same as the timed English auction, however a predetermined reserve price must be reached before the seller agrees to sell the item.

The popularity of the English auction is due to the fact that it uses a mechanism that people find familiar and intuitive and therefore reduces transaction costs.

A candle auction, or auction by the candle, is a variation on the typical English auction that became popular in the 17th and 18th centuries.

In live terms, English auctions are where bids are announced by either an auctioneer or by the bidders and winners pay what they bid to receive the object.

English auctions are claimed to be the most common form of third-party on-line auction format used and is deemed to appear the most simplistic of all the forms.