3 ms·
The sale goes to the number 1 bidder at some bid increment higher than the number 2 bidder's maximum bid. The current price shown is that amount, not the number
by lern_too_spel 6y ago
The sale goes to the number 1 bidder at some bid increment higher than the number 2 bidder's maximum bid. The current price shown is that amount, not the number 1 bidder's maximum bid. It implements a modified Vickrey auction using an autobidder.