Auction
Query URLs
https://term.museum-digital.de/md-de/tag/31194
- Note
- An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants´ behavior in auctions is called auction theory.
The open ascending price auction is arguably the most common form of auction and has been used throughout history. Participants bid openly against one another, with each subsequent bid being higher than the previous bid. An auctioneer may announce prices, while bidders submit bids vocally or electronically.
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Handbemalte Peeptoe-Ankleboots, BURBERRY, Gr. 38 (Paar)
Diese offenbar nur ein...
Object information
Image: Museum Weißenfels - CC BY-NC-SA -
Münzauktion, Bild 1, 1973. SW-Foto © Kurt Schwarz.
Nach einer Münzauktion -...
Object information
Image: Kurt Schwarz - CC BY-NC-SA -
Münzauktion, Bild 2, 1973. SW-Foto © Kurt Schwarz.
Münzauktion - vermutlich im...
Object information
Image: Kurt Schwarz - CC BY-NC-SA -
Münzauktion, Bild 3, 1973. SW-Foto © Kurt Schwarz.
Interessenten bei einer...
Object information
Image: Kurt Schwarz - CC BY-NC-SA -
Erfundene Gespräche und Briefe: Im Vorübergehen. Wiener Phonogramme
Hs-31499 / V IVB 13: Im...
Object information
Image: Freies Deutsches Hochstift / Frankfurter Goethe-Museum - Public Domain Mark
References
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