The knapsack problem is the following problem in combinatorial optimization: Given a set of items, each with a weight and a value, determine which items... 48 KB (7,661 words) - 04:51, 13 May 2024 |
A reverse auction (also known as buyer-determined auction or procurement auction) is a type of auction in which the traditional roles of buyer and seller... 27 KB (3,554 words) - 20:18, 13 April 2024 |
Auction theory is an applied branch of economics which deals with how bidders act in auctions and researches how the features of auctions incentivise... 39 KB (5,373 words) - 20:27, 1 May 2024 |
A Dutch auction is one of several similar types of auctions for buying or selling goods. Most commonly, it means an auction in which the auctioneer begins... 24 KB (3,117 words) - 12:44, 15 May 2024 |
An English auction is an open-outcry ascending dynamic auction. It proceeds as follows. The auctioneer opens the auction by announcing a suggested opening... 9 KB (1,173 words) - 15:01, 28 March 2024 |
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... 25 KB (2,713 words) - 11:24, 4 March 2024 |
Aalsmeer Flower Auction (Bloemenveiling Aalsmeer) is a flower auction that takes place in Aalsmeer, Netherlands. It is the largest flower auction in the world... 4 KB (309 words) - 21:30, 29 May 2023 |
Chinese auction is a derogatory term for a type of the all-pay auction, where the probability of winning depends on the relative size of a participant's... 3 KB (254 words) - 12:37, 2 May 2024 |
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... 3 KB (306 words) - 21:18, 30 May 2023 |
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... 4 KB (582 words) - 14:29, 17 February 2024 |
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... 10 KB (1,539 words) - 10:06, 7 August 2023 |
Foreclosure (redirect from Mortgagee auction) conduct a public auction in a manner similar to the sheriff's auction. Notably, the lender itself can bid for the property at the auction, and is the only... 62 KB (8,375 words) - 20:15, 2 March 2024 |
Auction sniping (also called bid sniping) is the practice, in a timed online auction, of placing a bid likely to exceed the current highest bid (which... 14 KB (1,815 words) - 14:13, 31 October 2022 |
An art auction or fine art auction is the sale of art works, in most cases in an auction house. In England this dates from the latter part of the 17th... 27 KB (3,120 words) - 19:14, 2 December 2023 |
A Walrasian auction, introduced by Léon Walras, is a type of simultaneous auction where each agent calculates its demand for the good at every possible... 4 KB (511 words) - 13:05, 14 October 2023 |
A candle auction, or auction by the candle, is a variation on the typical English auction that became popular in the 17th and 18th centuries. In a candle... 4 KB (520 words) - 18:30, 19 April 2024 |
A Vickrey–Clarke–Groves (VCG) auction is a type of sealed-bid auction of multiple items. Bidders submit bids that report their valuations for the items... 14 KB (2,628 words) - 06:12, 16 April 2024 |
multiunit auction is an auction in which several homogeneous items are sold. The units can be sold each at the same price (a uniform price auction) or at... 7 KB (818 words) - 05:22, 9 August 2023 |
A Japanese auction (also called ascending clock auction) is a dynamic auction format. It proceeds in the following way. An initial price is displayed.... 5 KB (790 words) - 02:01, 3 December 2021 |