Bounce on Twitter: "Did you know there are various types of auctions? (1) the ascending-bid (open, oral, or English) auction; (2) the descending-bid (Dutch) auction; (3) the first-price, sealed-bid auction; and (4)
English vs. second-price sealed-bid auction. This figure depicts the... | Download Scientific Diagram
![Auctions Auction types: –First price, sealed bid auction –Second price, sealed bid auction –English auction (ascending bid auction) –Dutch auction (descending. - ppt download Auctions Auction types: –First price, sealed bid auction –Second price, sealed bid auction –English auction (ascending bid auction) –Dutch auction (descending. - ppt download](https://images.slideplayer.com/13/3597960/slides/slide_2.jpg)