Types of auction

type of auction which begins with a high asking price, and lowers it

auction priced by second-highest sealed bid

type of auction in which the traditional roles of buyer and seller are reversed

type of dynamic auction

Type of sealed-bid multiple-item auction

common type of auction where all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant

simultaneous auction where each agent calculates its demand for the good at every possible price and submits this to an auctioneer

method of auction

auction format

auction in which participants can place bids on combinations of discrete items