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2. First-price sealed-bid auction - Wikipedia

   en.wikipedia.org/wiki/First-price_sealed-bid_auction

   A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. [1] In this type of auction, all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price that was submitted. [2] : p2 [3]

3. DealDash - Wikipedia

   en.wikipedia.org/wiki/DealDash

   DealDash. DealDash is a bidding fee auction website. It was founded in 2009, and is headquartered in Minneapolis, Minnesota, United States. [1] [2] [3] Users buy "bids", which are credits priced at 13 cents each, which increase the listed price of the item by 1 cent. If no user places a bid after the previous bid, by a time specified (9 seconds ...

4. iOffer - Wikipedia

   en.wikipedia.org/wiki/IOffer

   iOffer. iOffer was a San Francisco -based online trading community that was launched on May 1, 2002 by Steven Nerayoff. [1] As of February 2008, it claimed to have nearly one million total users, including approximately 75,000 sellers, although this information cannot be independently verified, nor is it known how many of these users are active.

5. What Is GovDeals and Can Using the Site Save You Money? - AOL

   www.aol.com/finance/govdeals-using-save-money...

   Gone are the days when you could open your local paper and see a classified ad for a public auction down at the ol' community center. Now, online is the place to be for government and school ...

6. Why the Oklahoma County sheriff's auctions on foreclosures ...

   www.aol.com/why-oklahoma-county-sheriffs...

   The first-ever sheriff's online auction of foreclosed properties launches Tuesday, with two homes offered in Oklahoma City. The auction will be from 10 a.m to noon, according to Bid4Assets, an ...

7. Auction theory - Wikipedia

   en.wikipedia.org/wiki/Auction_theory

   Auction theory is an applied branch of economics which deals with how bidders act in auctions and researches how the features of auctions incentivise predictable outcomes. Auction theory is a tool used to inform the design of real-world auctions. Sellers use auction theory to raise higher revenues while allowing buyers to procure at a lower cost.