Unique bid auction
id:
unique-bid-auction-284-14145127
title:
Unique bid auction
text:
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. Unique bid auctions are often used as a form of competition and strategy game where bidders pay a fee to make a bid, or may have to pay a subscription fee in order to be able to participate. In practice, such auctions function like lotteries, but the sm
brand slug:
wiki
category slug:
encyclopedia
description:
Auction in which bidders are not allowed to place bids of equal amounts
original url:
https://en.wikipedia.org/wiki/Unique_bid_auction
date created:
date modified:
2023-09-18T02:34:12Z
main entity:
{"identifier":"Q765312","url":"https://www.wikidata.org/entity/Q765312"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/f/ff/Microcosm_of_London_Plate_006_-_Auction_Room%2C_Christie%27s_%28colour%29.jpg","width":1776,"height":1334}
fields total:
13
integrity:
15