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What is Second Price Auction

Encyclopedia of E-Commerce Development, Implementation, and Management
Auction where winner pays second highest bid plus a nominal increment.
Published in Chapter:
Online Auctions: A Review at Age 20
James K. Ho (University of Illinois at Chicago, USA)
DOI: 10.4018/978-1-4666-9787-4.ch068
Full Text Chapter Download: US $37.50 Add to Cart
More Results
Online Auctions: Pragmatic Survey and Market Analysis
Auction where winner pays second highest bid plus a nominal increment.
Full Text Chapter Download: US $37.50 Add to Cart
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