plural of slave auction

plural of Vickrey auction

To sell something at an auction.

An auction where people write secret bids on a piece of paper, and whoever has the highest bid wins the item.

A type of sealed-bid auction, where bidders submit written bids without knowing the bids of others, in which the highest bidder wins but the price paid is the second-highest bid.

An auction that takes place between remote bidders by means of a computer network.

An auction where most of the bidders are secretly shills.

(game theory) A non-zero-sum sequential game designed to illustrate a paradox brought about by traditional rational-choice theory in which players are compelled to make an ultimately irrational decision based entirely on a sequence of apparently rational choices made throughout the game. It involves an auction for a dollar bill where the second-highest bidder loses the amount that they bid, making them the biggest loser in the auction.

(economics) An applied branch of economics, studying how bidders act in auction markets and how the features of such markets incentivize predictable outcomes.

(US, slang, dated) An auction at which buyers are sold overpriced and often worthless items.