Brazilian auction
id:
brazilian-auction-265-8179625
title:
Brazilian auction
text:
A Brazilian auction is a certain set of rules for a reverse auction. The buyer communicates the price she or he is willing to pay for the whole lot in advance. Then, the sellers bid on how many identical units they are willing to provide at that price. Like in English auction, bidding continues until a bid is made that no other bidder is willing to top. Other sources define Brazilian auction as a reverse auction with similarities to Dutch auction. Like in the previous definition, the overall pri
brand slug:
wiki
category slug:
encyclopedia
description:
Method of auctioning
original url:
https://en.wikipedia.org/wiki/Brazilian_auction
date created:
date modified:
2024-02-17T14:20:55Z
main entity:
{"identifier":"Q85748771","url":"https://www.wikidata.org/entity/Q85748771"}
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