Statements (22)
Predicate | Object |
---|---|
gptkbp:instanceOf |
auction type
|
gptkbp:alsoKnownAs |
descending price auction
|
gptkbp:category |
auction theory
market design |
gptkbp:contrastsWith |
gptkb:English_auction
|
gptkbp:feature |
can be used for multiple identical items
first bidder wins price falls until accepted |
https://www.w3.org/2000/01/rdf-schema#label |
Dutch Auction
|
gptkbp:notableExample |
gptkb:Google_IPO
US Treasury bill auctions |
gptkbp:originatedIn |
gptkb:Netherlands
|
gptkbp:priceMechanism |
starts high and decreases until a bid is made
|
gptkbp:relatedTo |
gptkb:Vickrey_auction
sealed-bid auction |
gptkbp:usedFor |
art sales
IPO pricing treasury securities |
gptkbp:usedIn |
financial markets
flower markets |
gptkbp:bfsParent |
gptkb:Tender_Offer
|
gptkbp:bfsLayer |
7
|