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
|