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144 relations: Admiralty, All-pay auction, American Civil War, Antique, Art auction, Auction, Auction catalog, Auction chant, Auction Hunters, Auction Network, Auction school, Auction sniping, Auction theory, Auto auction, Babylon, Bargaining, Benefit concert, Bid shading, Bidding, Bidding fee auction, Bond (finance), Bonhams, Business, Buyer's premium, Candle, Candle auction, Certified Commercial Investment Member, Charitable organization, Chi-squared distribution, Chinese auction, Christie's, Coffeehouse, Collectable, Collusion, Colonel (United States), Combinatorial auction, Commission (remuneration), Commodity, Common value auction, Corporation, Courthouse, Daily Gazetteer, Debt, Decapitation, Didius Julianus, Dollar auction, Dorotheum, Double auction, Dutch auction, EBay, ..., Ebidding, Economic appraisal, Economics, Electromagnetic spectrum, Electronic Markets (journal), Emissions trading, English auction, Escrow, Estate sale, Experimental economics, Fee, Financial instrument, First-price sealed-bid auction, Force (law), Foreclosure, Freeman's Auctioneers & Appraisers, French auction, French Revolution, Game theory, Generalized first-price auction, Generalized second-price auction, Goods, Greek drachma, James Christie (auctioneer), Japanese auction, JEL classification codes, Journal of Economic Literature, Journal of Economics & Management Strategy, Liquidation, Livestock, London, Lovejoy, Lumber, Lyon & Turnbull, Marcus Aurelius, Marriage, Michael Katehakis, Monopoly (game), Multiunit auction, Netherlands, New South Wales, No-reserve auction, Ocala, Florida, Online auction, Online auction tools, Online travel auction, Peerage, Pertinax, Phillips (auctioneers), Poker, Police auction, Praetorian Guard, Private electronic market, Procurement, Property tax, Real estate, Real property, Real-time bidding, Request for tender, Reservation price, Reverse auction, Ring, Roman Empire, Running, Sales tax, Samuel Pepys, Self storage, Septimius Severus, Service (economics), Shill, Silent trade, SJ AB, Sotheby's, Spectrum auction, Stockholms Auktionsverk, Storage Wars, Sweden, Tavern, Tax sale, The Daily Telegraph, The Journal of Finance, The London Gazette, Thoroughbred, Trade, Tulip, Unique bid auction, United Kingdom, Used good, Value-added tax, Vickrey auction, Walrasian auction, Wine auction, Winner's curse, Wool. Expand index (94 more) »
Admiralty
The Admiralty, originally known as the Office of the Admiralty and Marine Affairs, was the government department responsible for the command of the Royal Navy firstly in the Kingdom of England, secondly in the Kingdom of Great Britain, and from 1801 to 1964, the United Kingdom and former British Empire.
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All-pay auction
In economics and game theory, an all-pay auction is an auction in which every bidder must pay regardless of whether they win the prize, which is awarded to the highest bidder as in a conventional auction.
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American Civil War
The American Civil War (also known by other names) was a war fought in the United States from 1861 to 1865.
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Antique
A true antique (antiquus; "old", "ancient") is an item perceived as having value because of its aesthetic or historical significance, and often defined as at least 100 years old (or some other limit), although the term is often used loosely to describe any objects that are old.
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Art auction
An art auction or fine art auction is the sale of art works, in most cases in an auction house.
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Auction
An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder.
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Auction catalog
An auction catalog (US spelling) or auction catalogue (British spelling) is a catalogue that lists items to be sold at an auction.
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Auction chant
Auction chant (also known as "bid calling", "the auction cry", "the cattle rattle", or simply "auctioneering") is a rhythmic repetition of numbers and "filler words" spoken by auctioneers in the process of conducting an auction.
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Auction Hunters
Auction Hunters was an American reality television series that premiered on November 9, 2010, on Spike.
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Auction Network
Auction Network is a 24-hour Internet and cable television channel that allows viewers to participate remotely in auctions taking place throughout the world.
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Auction school
An auction school is an institution or course of study that prepares an individual to become an auctioneer.
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Auction sniping
Auction sniping is the practice, in a timed online auction, of placing a bid likely to exceed the current highest bid (which may be hidden) as late as possible—usually seconds before the end of the auction—giving other bidders no time to outbid the sniper.
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Auction theory
Auction theory is an applied branch of economics which deals with how people act in auction markets and researches the properties of auction markets.
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Auto auction
Auto auctions are a method of selling new, and most often, used vehicles based on an auction system.
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Babylon
Babylon (KA2.DIĜIR.RAKI Bābili(m); Aramaic: בבל, Babel; بَابِل, Bābil; בָּבֶל, Bavel; ܒܒܠ, Bāwēl) was a key kingdom in ancient Mesopotamia from the 18th to 6th centuries BC.
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Bargaining
Bargaining or haggling is a type of negotiation in which the buyer and seller of a good or service debate the price and exact nature of a transaction.
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Benefit concert
A benefit concert or charity concert is a type of musical benefit performance (e.g., concert, show, or gala) featuring musicians, comedians, or other performers that is held for a charitable purpose, often directed at a specific and immediate humanitarian crisis.
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Bid shading
In an auction, bid shading describes the practice of a bidder placing a bid that is below what they believe a good is worth.
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Bidding
Bidding is an offer (often competitive) to set a price by an individual or business for a product or service or a demand that something be done.
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Bidding fee auction
A bidding fee auction, also called a penny auction, is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid.
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Bond (finance)
In finance, a bond is an instrument of indebtedness of the bond issuer to the holders.
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Bonhams
Bonhams is a privately owned British auction house and one of the world’s oldest and largest auctioneers of fine art and antiques.
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Business
Business is the activity of making one's living or making money by producing or buying and selling products (goods and services).
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Buyer's premium
In auctions, the buyer's premium is a percentage additional charge on the hammer price (winning bid at auction) of the lot that must be paid by the winner.
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Candle
A candle is an ignitable wick embedded in wax, or another flammable solid substance such as tallow, that provides light, and in some cases, a fragrance.
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Candle auction
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.
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Certified Commercial Investment Member
A Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and investment real estate.
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Charitable organization
A charitable organization or charity is a non-profit organization (NPO) whose primary objectives are philanthropy and social well-being (e.g. charitable, educational, religious, or other activities serving the public interest or common good).
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Chi-squared distribution
No description.
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Chinese auction
A Chinese auction is a combination of a raffle and an auction that is typically featured at charity, church festival and numerous other events.
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Christie's
Christie's is a British auction house.
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Coffeehouse
A coffeehouse, coffee shop or café (sometimes spelt cafe) is an establishment which primarily serves hot coffee, related coffee beverages (café latte, cappuccino, espresso), tea, and other hot beverages.
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Collectable
A collectable (collectible or collector's item) is any object regarded as being of value or interest to a collector (not necessarily monetarily valuable or antique).
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Collusion
Collusion is an agreement between two or more parties, sometimes illegal–but always secretive–to limit open competition by deceiving, misleading, or defrauding others of their legal rights, or to obtain an objective forbidden by law typically by defrauding or gaining an unfair market advantage.
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Colonel (United States)
In the United States Army, Marine Corps, and Air Force, colonel is the most senior field grade military officer rank, immediately above the rank of lieutenant colonel and immediately below the rank of brigadier general.
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Combinatorial auction
A combinatorial auction is a type of smart market in which participants can place bids on combinations of discrete items, or “packages”, rather than individual items or continuous quantities.
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Commission (remuneration)
The payment of commission as remuneration for services rendered or products sold is a common way to reward sales people.
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Commodity
In economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.
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Common value auction
In common value auctions the value of the item for sale is identical amongst bidders, but bidders have different information about the item's value.
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Corporation
A corporation is a company or group of people or an organisation authorized to act as a single entity (legally a person) and recognized as such in law.
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Courthouse
A courthouse (sometimes spelled court house) is a building that is home to a local court of law and often the regional county government as well, although this is not the case in some larger cities.
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Daily Gazetteer
The Daily Gazetteer was an English newspaper which was published from June 30, 1735-1746.
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Debt
Debt is when something, usually money, is owed by one party, the borrower or debtor, to a second party, the lender or creditor.
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Decapitation
Decapitation is the complete separation of the head from the body.
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Didius Julianus
Didius Julianus (Marcus Didius Severus Julianus Augustus; 30 January 133 or 2 February 137 – 1 June 193) was Roman emperor for nine weeks from March to June 193, during the Year of the Five Emperors.
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Dollar auction
The dollar auction is a non-zero sum sequential game designed by economist Martin Shubik to illustrate a paradox brought about by traditional rational choice theory in which players are compelled to make an ultimately irrational decision based completely on a sequence of apparently rational choices made throughout the game.
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Dorotheum
The Dorotheum, established in 1707, is one of the world's oldest auction houses.
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Double auction
A double auction is a process of buying and selling goods when potential buyers submit their bids and potential sellers simultaneously submit their ask prices to an auctioneer, and then an auctioneer chooses some price p that clears the market: all the sellers who asked less than p sell and all buyers who bid more than p buy at this price p. Buyers and sellers that bid or ask for exactly p are also included.
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Dutch auction
A Dutch auction is one of several similar kinds of auctions.
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EBay
eBay Inc. is a multinational e-commerce corporation based in San Jose, California that facilitates consumer-to-consumer and business-to-consumer sales through its website.
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Ebidding
An ‘‘‘eBidding‘‘‘ is an electronic bidding event (without awarding commitment) according to defined negotiation rules (eAgreement).
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Economic appraisal
Economic appraisal is a type of decision method applied to a project, programme or policy that takes into account a wide range of costs and benefits, denominated in monetary terms or for which a monetary equivalent can be estimated.
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Economics
Economics is the social science that studies the production, distribution, and consumption of goods and services.
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Electromagnetic spectrum
The electromagnetic spectrum is the range of frequencies (the spectrum) of electromagnetic radiation and their respective wavelengths and photon energies.
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Electronic Markets (journal)
Electronic Markets - The International Journal on Networked Business is a quarterly double-blind peer-reviewed academic journal that covers research on the implications of information systems on e-commerce.
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Emissions trading
Emissions trading, or cap and trade, is a government, market-based approach to controlling pollution by providing economic incentives for achieving reductions in the emissions of pollutants.
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English auction
An English auction is an open-outcry ascending dynamic auction.
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Escrow
An escrow is a contractual arrangement in which a third party receives and disburses money or documents for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties, or an account established by a broker for holding funds on behalf of the broker's principal or some other person until the consummation or termination of a transaction; or, a trust account held in the borrower's name to pay obligations such as property taxes and insurance premiums.
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Estate sale
An estate sale or estate liquidation is a sale or auction to dispose of a substantial portion of the materials owned by a person who is recently deceased or who must dispose of their personal property to facilitate a move.
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Experimental economics
Experimental economics is the application of experimental methods to study economic questions.
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Fee
A fee is the price one pays as remuneration for rights or services.
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Financial instrument
Financial instruments are monetary contracts between parties.
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First-price sealed-bid auction
A first-price sealed-bid auction (FPSBA) is a common type of auction.
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Force (law)
In law, force means unlawful violence, or lawful compulsion.
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Foreclosure
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.
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Freeman's Auctioneers & Appraisers
Freeman's, formerly known as Samuel T. Freeman & Co., is an auction house in Philadelphia, Pennsylvania, United States.
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French auction
A French auction (Offre à Prix Minimal, formerly Mise en Vente) is a multiple-price auction used for pricing initial public offerings.
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French Revolution
The French Revolution (Révolution française) was a period of far-reaching social and political upheaval in France and its colonies that lasted from 1789 until 1799.
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Game theory
Game theory is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers".
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Generalized first-price auction
The generalized first-price auction (GFP) is a non-truthful auction mechanism for sponsored search (a.k.a. position auctions).
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Generalized second-price auction
The generalized second-price auction (GSP) is a non-truthful auction mechanism for multiple items.
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Goods
In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product.
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Greek drachma
Drachma (δραχμή,; pl. drachmae or drachmas) was the currency used in Greece during several periods in its history.
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James Christie (auctioneer)
James Christie (1730–1803) was the founder of auction house Christie's. Born 1730 in Perth, Scotland, Christie went on to found Christie's auctioneers on 5 December 1766. Situated at Pall Mall in London, England Christie's Great Rooms dealt with some of the most important sales of the late-eighteenth century.
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Japanese auction
A Japanese auction (also called ascending clock auction) is a dynamic auction format.
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JEL classification codes
Articles in economics journals are usually classified according to the JEL classification codes, a system originated by the Journal of Economic Literature.
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Journal of Economic Literature
The Journal of Economic Literature is a peer-reviewed academic journal, published by the American Economic Association, that surveys the academic literature in economics.
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Journal of Economics & Management Strategy
The Journal of Economics & Management Strategy is a quarterly peer-reviewed academic journal published by John Wiley & Sons.
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Liquidation
In United Kingdom, Republic of Ireland and United States law and business, liquidation is the process by which a company is brought to an end.
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Livestock
Livestock are domesticated animals raised in an agricultural setting to produce labor and commodities such as meat, eggs, milk, fur, leather, and wool.
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London
London is the capital and most populous city of England and the United Kingdom.
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Lovejoy
Lovejoy is a British television comedy-drama mystery series, based on the picaresque novels by John Grant, under the pen name Jonathan Gash.
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Lumber
Lumber (American English; used only in North America) or timber (used in the rest of the English speaking world) is a type of wood that has been processed into beams and planks, a stage in the process of wood production.
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Lyon & Turnbull
Lyon & Turnbull is a privately owned international auction house based in Scotland.
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Marcus Aurelius
Marcus Aurelius (Marcus Aurelius Antoninus Augustus; 26 April 121 – 17 March 180 AD) was Roman emperor from, ruling jointly with his adoptive brother, Lucius Verus, until Verus' death in 169, and jointly with his son, Commodus, from 177.
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Marriage
Marriage, also called matrimony or wedlock, is a socially or ritually recognised union between spouses that establishes rights and obligations between those spouses, as well as between them and any resulting biological or adopted children and affinity (in-laws and other family through marriage).
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Michael Katehakis
Michael N. Katehakis (Μιχαήλ Ν. Κατεχάκης; born 1952) is a Professor of Management Science at Rutgers University.
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Monopoly (game)
Monopoly is a board game where players roll two six-sided dice to move around the game board, buying and trading properties, and develop them with houses and hotels.
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Multiunit auction
A multiunit auction is an auction in which several items are sold.
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Netherlands
The Netherlands (Nederland), often referred to as Holland, is a country located mostly in Western Europe with a population of seventeen million.
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New South Wales
New South Wales (abbreviated as NSW) is a state on the east coast of:Australia.
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No-reserve auction
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.
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Ocala, Florida
Ocala is a city located in Marion County, Florida, which is part of the northern region of the state.
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Online auction
An online auction is an auction which is held over the internet.
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Online auction tools
Online Auction tools is application software, that can either be deployed on a Web server or a Desktop.
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Online travel auction
The term online travel auction is a system of buying and selling travel products and services online by offering them up for auction and then awarding the item to the highest bidder.
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Peerage
A peerage is a legal system historically comprising hereditary titles in various countries, comprising various noble ranks.
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Pertinax
Pertinax (Publius Helvius Pertinax Augustus; 1 August 126 – 28 March 193) was a Roman military leader and Roman Emperor for the first three months of 193, succeeding Commodus to become the first emperor during the tumultuous Year of the Five Emperors.
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Phillips (auctioneers)
Phillips, formerly known as Phillips the Auctioneers (briefly as Phillips de Pury) is a British auction house.
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Poker
Poker is a family of card games that combines gambling, strategy, and skill.
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Police auction
A police auction is an auction of goods which have been confiscated by the police and cannot or may not be returned to their original owners.
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Praetorian Guard
The Praetorian Guard (Latin: cohortes praetorianae) was an elite unit of the Imperial Roman army whose members served as personal bodyguards to the Roman emperors.
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Private electronic market
A private electronic market (PEM) uses the Internet to connect a limited number or pre-qualified buyers or sellers in one market.
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Procurement
Procurement is the process of finding, agreeing terms and acquiring goods, services or works from an external source, often via a tendering or competitive bidding process.
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Property tax
A property tax or millage rate is an ad valorem tax on the value of a property, usually levied on real estate.
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Real estate
Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
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Real property
In English common law, real property, real estate, realty, or immovable property is land which is the property of some person and all structures (also called improvements or fixtures) integrated with or affixed to the land, including crops, buildings, machinery, wells, dams, ponds, mines, canals, and roads, among other things.
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Real-time bidding
Real-time bidding (RTB) is a means by which advertising inventory is bought and sold on a per-impression basis, via programmatic instantaneous auction, similar to financial markets.
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Request for tender
A request for tenders (RFT) is a formal, structured invitation to suppliers to submit a bid to supply products or services.
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Reservation price
Reservation (or reserve) price is a limit on the price of a good or a service.
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Reverse auction
A reverse auction is a type of auction in which the roles of buyer and seller are reversed.
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Ring
Ring most broadly refers to a hollow circular shape or to a high-pitched sound.
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Roman Empire
The Roman Empire (Imperium Rōmānum,; Koine and Medieval Greek: Βασιλεία τῶν Ῥωμαίων, tr.) was the post-Roman Republic period of the ancient Roman civilization, characterized by government headed by emperors and large territorial holdings around the Mediterranean Sea in Europe, Africa and Asia.
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Running
Running is a method of terrestrial locomotion allowing humans and other animals to move rapidly on foot.
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Sales tax
A sales tax is a tax paid to a governing body for the sales of certain goods and services.
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Samuel Pepys
Samuel Pepys (23 February 1633 – 26 May 1703) was an administrator of the navy of England and Member of Parliament who is most famous for the diary he kept for a decade while still a relatively young man.
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Self storage
Self storage (a shorthand for "self-service storage", and also known as "mini storage") is an industry in which storage space (such as rooms, lockers, containers, and/or outdoor space), also known as "storage units" is rented to tenants, usually on a short-term basis (often month-to-month).
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Septimius Severus
Septimius Severus (Lucius Septimius Severus Augustus; 11 April 145 – 4 February 211), also known as Severus, was Roman emperor from 193 to 211.
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Service (economics)
In economics, a service is a transaction in which no physical goods are transferred from the seller to the buyer.
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Shill
A shill, also called a plant or a stooge, is a person who publicly helps or gives credibility to a person or organization without disclosing that they have a close relationship with the person or organization.
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Silent trade
Silent trade, also called silent barter, dumb barter ("dumb" here used in its old meaning of "mute"), or depot trade, is a method by which traders who cannot speak each other's language can trade without talking.
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SJ AB
SJ (formally SJ AB) is a government-owned passenger train operator in Sweden.
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Sotheby's
Sotheby's is a British founded, American multinational corporation headquartered in New York City.
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Spectrum auction
A spectrum auction is a process whereby a government uses an auction system to sell the rights (licences) to transmit signals over specific bands of the electromagnetic spectrum and to assign scarce spectrum resources.
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Stockholms Auktionsverk
Stockholms Auktionsverk (Swedish for "Stockholm's Auction House"), founded in 1674 in Sweden, is the world's oldest auction house.
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Storage Wars
Storage Wars (stylized as STORAGE WAR$) is an American reality television series on the A&E Network that premiered on December 1, 2010.
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Sweden
Sweden (Sverige), officially the Kingdom of Sweden (Swedish), is a Scandinavian country in Northern Europe.
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Tavern
A tavern is a place of business where people gather to drink alcoholic beverages and be served food, and in most cases, where travelers receive lodging.
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Tax sale
A tax sale is the forced sale of property (usually real estate) by a governmental entity for unpaid taxes by the property's owner.
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The Daily Telegraph
The Daily Telegraph, commonly referred to simply as The Telegraph, is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally.
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The Journal of Finance
The Journal of Finance is a peer-reviewed academic journal published by Wiley-Blackwell on behalf of the American Finance Association.
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The London Gazette
The London Gazette is one of the official journals of record of the British government, and the most important among such official journals in the United Kingdom, in which certain statutory notices are required to be published.
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Thoroughbred
The Thoroughbred is a horse breed best known for its use in horse racing.
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Trade
Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money.
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Tulip
Tulips (Tulipa) form a genus of spring-blooming perennial herbaceous bulbiferous geophytes (having bulbs as storage organs).
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Unique bid auction
A unique bid auction is a type of strategy game related to traditional auctions where the winner is usually the individual with the lowest unique bid, although less commonly the auction rules may specify that the highest unique bid is the winner.
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.
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Used good
A secondhand or used good is a piece of personal property that is being purchased by or otherwise transferred to a second or later end user.
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Value-added tax
A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally, based on the increase in value of a product or service at each stage of production or distribution.
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Vickrey auction
A Vickrey auction is a type of sealed-bid auction.
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Walrasian auction
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 price and submits this to an auctioneer.
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Wine auction
A wine auction is an auction devoted to wine, sometimes in combination with other alcoholic beverages.
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Winner's curse
The winner's curse is a phenomenon that may occur in common value auctions, wherein the winner will tend to overpay due to emotional reasons or incomplete information.
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Wool
Wool is the textile fiber obtained from sheep and other animals, including cashmere and mohair from goats, qiviut from muskoxen, angora from rabbits, and other types of wool from camelids.
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Redirects here:
Auction Date, Auction block, Auction date, Auction house, Auction houses, Auction process, Auction ring, Auctioneer, Auctioneering, Auctioneers, Auctions, Dutch 20auction, First-price sealed-bid auctions, General Merchandise Auction, General merchandise auction, Highest bidder, Mystery auction, Prominent auction, Public sale, Sealed bid, Sealed first-price auction, Sealed-bid auction, Sealed-bid auctions, Silent auction, Silent auctions, Suggested Opening Bid, White glove sale.
References
[1] https://en.wikipedia.org/wiki/Auction
