Definitions from Wiktionary (Vickrey auction)
▸ noun: A type of sealed-bid auction, where bidders submit written bids without knowing the bids of others, in which the highest bidder wins but the price paid is the second-highest bid.
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▸ noun: A type of sealed-bid auction, where bidders submit written bids without knowing the bids of others, in which the highest bidder wins but the price paid is the second-highest bid.
Similar:
vendor bid,
sealed bid,
commission bid,
auction,
Dutch auction,
bidding,
licitation,
bid shading,
limit bid,
auction theory,
more...
▸ Words similar to Vickrey auction
▸ Usage examples for Vickrey auction
▸ Idioms related to Vickrey auction
▸ Wikipedia articles (New!)
▸ Words that often appear near Vickrey auction
▸ Rhymes of Vickrey auction
▸ Invented words related to Vickrey auction