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What is Reverse Auction

Chapter 8
Blockchain Technology Applications in Education
Is a type of auction in which sellers bid for the prices at which they are willing to sell their goods and services. In a regular auction, a seller puts up an item and buyers place bids until the close of the auction, at which time the item goes to the highest bidder.
Published in Chapter:
For an Open Innovation Platform Dedicated to Education: A Blockchain Approach
Luciano Sathler (Brazilian Association for Distance Education, Brazil)
Copyright: © 2020 |Pages: 17
DOI: 10.4018/978-1-5225-9478-9.ch008
Abstract
The innovation ecosystem dedicated to education in Brazil has been strengthened, but it is still far short of the needs of society and the potential that technology brings. The imperative of transformation is articulated by urgency—it is necessary to accelerate innovation—and by the comprehensiveness. Brazil's strategy of public financing to education would include new edtech products and services previously tested, validated, and priced by reverse auction made available in a national marketplace. It would be up to each municipality or school to define its priorities for the acquisition of technology products and services. Any software developed or made available by this open innovation platform should follow the guidelines of a free software. The training of teachers, managers, and staff would be an obligatory part of the adhesion, being primarily online. Students and their families would be included as potential users by a blockchain approach.
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Chapter 472
Overview of Electronic Auctions
It is an auction where the bidder is the seller and not the buyer. The buyer will indicate the requirements and sellers will submit bids.
Published in Chapter: Overview of Electronic Auctions; From: Encyclopedia of Information Science and Technology, Second Edition
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Chapter 608
Triangular Strategic Analysis for Hybrid E-Retailers
A fixed-duration auction hosted by a single buyer in which multiple sellers compete for business.
Published in Chapter: Triangular Strategic Analysis for Hybrid E-Retailers; From: Encyclopedia of Information Science and Technology, Second Edition
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Chapter 41
Online Auctions: Pragmatic Survey and Market Analysis
Buyer lists item wanted for sellers to bid on offer. Lowest bid wins.
Published in Chapter: Online Auctions: Pragmatic Survey and Market Analysis; From: Encyclopedia of E-Business Development and Management in the Global Economy
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Chapter 68
Online Auctions: A Review at Age 20
Buyer lists item wanted for sellers to bid on offer. Lowest bid wins.
Published in Chapter: Online Auctions: A Review at Age 20; From: Encyclopedia of E-Commerce Development, Implementation, and Management
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