AUCTION

GPTKB entity

Statements (28)
Predicate Object
gptkbp:instanceOf Process
gptkbp:canBe online
in-person
gptkbp:defines a public sale in which goods or property are sold to the highest bidder
gptkbp:hasType gptkb:Vickrey_auction
gptkb:English_auction
sealed-bid auction
Dutch auction
https://www.w3.org/2000/01/rdf-schema#label AUCTION
gptkbp:involves gptkb:market
goods
seller
bidders
bids
gptkbp:originatedIn ancient civilizations
gptkbp:regulates gptkb:law
gptkbp:relatedTo gptkb:market
price discovery
bidding
competitive sale
gptkbp:result highest bidder wins
gptkbp:usedIn charity events
commerce
real estate
art sales
gptkbp:bfsParent gptkb:Bounce_Token
gptkb:Bounce_Finance
gptkbp:bfsLayer 7