Common value auction — A common value auction is a term in economics used to describe an environment in which information about the value of the object for sale is dispersed among bidders. The term is used in different ways by different people. By one definition it… … Wikipedia
Auction — Auctioneer redirects here. For the DC Comics supervillain, see Auctioneer (comics). An auctioneer and her assistants scan the crowd for bidders. An auction is a process of buying and selling goods or services by offering them up for bid, taking… … Wikipedia
Auction theory — is an applied branch of game theory which deals with how people act in auction markets and researches the game theoretic properties of auction markets. There are many possible designs (or sets of rules) for an auction and typical issues studied… … Wikipedia
Private electronic market — A private electronic market (PEM) utilises the internet to connect a limited number or pre qualified buyers or sellers in one market. PEMs are a hybrid between perfectly open markets (e.g. exchanges where there is no pre existing relationship… … Wikipedia
English auction — An English auction is a type of auction, whose most typical form[clarification needed] is the open outcry auction. The auctioneer opens the auction by announcing a Suggested Opening Bid, a starting price or reserve for the item on sale and then… … Wikipedia
Most expensive cars sold in auction — This is a list of the most expensive cars sold in auto auctions through the traditional bidding process, consisting of those that attracted headline grabbing publicity, mainly for the high price their new owners have paid. The current record is… … Wikipedia
Reverse auction — A reverse auction (also called procurement auction, e auction, sourcing event, e sourcing or eRA) is a tool used in industrial business to business procurement. It is a type of auction in which the role of the buyer and seller are reversed, with… … Wikipedia
Vickrey auction — A Vickrey auction is a type of sealed bid auction, where 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. The auction was created by… … Wikipedia
Present Value of Revenues auction — A Present Value of Revenues auction, sometimes called a least present value of revenues auction, is a method of awarding contracts in which the bids are for the total present value of cash flows from the project. The lowest bid wins, and the… … Wikipedia
Mock auction — A Mock auction is a scam usually operated in a street market, disposal sale or similar environment, where cheap and low quality goods are sold at high prices by a team of confidence tricksters. In 19th Century New York, mock auctions revolved… … Wikipedia
Public-Private Investment Program for Legacy Assets — On March 23, 2009, the United States Federal Deposit Insurance Corporation (FDIC), the Federal Reserve, and the United States Treasury Department announced the Public Private Investment Program for Legacy Assets. The program is designed to… … Wikipedia