The generalized second-price auction (GSP) is a non-truthful auction mechanism for multiple items. Each bidder places a bid. The highest bidder gets the...

Vickrey auction for multiunit auctions exist, such as the generalized second-price auction used in Google's and Yahoo!'s online advertisement programs...

The generalized first-price auction (GFP) is a non-truthful auction mechanism for sponsored search (a.k.a. position auctions). In sponsored search n bidders...

outperforms the generalized second-price auction for both revenues produced for the seller and allocative efficiency. Consider an auction where a set of...

search auction mechanisms, such as the generalized second-price auction and the Vickrey–Clarke–Groves auction. Generalized second-price auction (GSP) is...

multi-winner auctions. Multiunit auction, Combinatorial auction, Generalized first-price auction and Generalized second-price auction are multi-winner auctions. Auctions...

A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. In this type of auction, all bidders simultaneously...

Dutch auction has also been called a clock auction or open-outcry descending-price auction. This type of auction shows the advantage of speed since a sale...

servers The Geometer's Sketchpad, educational software Generalized second-price auction Generalized System of Preferences, a preferential tariff system German...

valuation. Second-price sealed-bid auctions (Vickrey auctions) which are the same as first-price sealed-bid auctions except that the winner pays a price equal...

Walrasian auction, introduced by Léon Walras, is a type of simultaneous auction where each agent calculates its demand for the good at every possible price and...

Price of anarchy for greedy auctions. SODA 2010. Leme, Renato Paes; Tardos, Eva (2010). "Pure and Bayes-Nash Price of Anarchy for Generalized Second Price...

know exactly when the auction would end and make a last-second bid. A Japanese auction is a variant in which the current price changes continuously according...

different prices (a discriminatory price auction). A uniform price auction otherwise known as a "clearing price auction", pay-as-clear or marginal price auction...

Michael; Schwarz, Michael (2007). "Internet Advertising and the Generalized-Second Price Auction: Selling Billions of Dollars worth of Keywords". American Economic...

of product pricing. Popularized by the reverse auction pioneer, Priceline.com, such pricing strategy asks consumers to 'name their own price' for various...

A Japanese auction (also called ascending clock auction) is a dynamic auction format. It proceeds in the following way. An initial price is displayed...

A no-reserve auction (NR), also known as an absolute auction, is an auction in which the item for sale will be sold regardless of price. From the seller's...

A penny auction is a collective action taken during the auction of a foreclosed property to force the sale of the property at a low price, with the intent...

auctions are reminiscent of Walrasian auction and have been used as a tool to study the determination of prices in ordinary markets. A double auction...

they can be graded on a scale (A1, A2 and B). The auction is set up as a Dutch auction in which the price starts high and works its way down. Bidders get...

Chinese auction is a type of the all-pay auction, where the probability of winning depends on the relative size of a participant's bid. The choice of the...

In an ordinary auction also known as a forward auction, buyers compete to obtain goods or services by offering increasingly higher prices. In contrast,...

A Calcutta auction is an open auction held in conjunction with a golf tournament, horse race or similar contest with multiple entrants. It is popular in...

Single-price auctions are a pricing method in securities auctions that give all purchasers of an issue the same purchase price. They can be perceived...

In auctions, the buyer's premium is a charge in addition to the hammer price (i.e. the winning bid announced) of an auction item, or lot. The winning bidder...

An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected...

transparency in auctions always increases the risk of a tacit collusion. Once the competitors are able to use algorithms to determine prices, a tacit collusion...

first-price sealed-bid auction). The following example is based on.: 47–50  There are two bidders participating in a second-price sealed-bid auction for...

A virginity auction is an auction, often publicized online, where a person seeks to sell their virginity. The winning bidder will win the right to be...