News tagged with auctions
Major step ahead for cryptography
Imagine you could work out the answer to a question, without knowing what the question was. For example, suppose someone thinks of two numbers and then asks another person to work out their sum, without letting ...
Technology / Computer Sciences
May 26, 2010 |
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eBay has unexpected, chilling effect on looting of antiquities, archaeologist finds
(PhysOrg.com) -- Having worked for 25 years at fragile archaeological sites in Peru, UCLA archaeologist Charles "Chip" Stanish held his breath when the online auction house eBay launched more than a decade ...
Other Sciences / Archaeology & Fossils
May 04, 2009 |
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Verizon Wireless Plans to Offer 4G Capability Next Year
(PhysOrg.com) -- In today's world, we want our information to travel faster. This is especially true as smart phones take over and we become used to using smaller devices to accomplish more while we are away ...
British Cold War nuclear bunker up for sale on eBay
A Cold War-era nuclear bunker in Britain has been put up for sale on online auction site eBay, and by Sunday bidders had pushed the price up to more than 27,000 pounds (30,000 euros, 40,000 dollars).
Feb 28, 2010 |
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Einstein doctorate up for auction
The doctorate certificate that Albert Einstein obtained from the University of Zurich in 1906 will come up for auction in June, auctioneers Fischer Galerie said Friday.
Mar 06, 2009 |
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eBay fined in France for selling upscale perfumes
(AP) -- Online auction site eBay Inc. was fined euro1.7 million ($2.5 million) by a Paris court on Monday for failing to stop the sale of famous perfume brands like Christian Dior, Guerlain, Givenchy and ...
Nov 30, 2009 |
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Game theory and machine learning offer better bidding strategies
(PhysOrg.com) -- By combining techniques from game theory and artificial intelligence, computer scientists at the University of Michigan have developed a better way to find the best bidding strategy in a simulated auction ...
Technology / Computer Sciences
May 13, 2009 |
4 / 5 (4) |
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Judge tosses patent suits against Facebook, Apple, Google
A US judge has tossed out a patent infringement lawsuit filed against Apple, Facebook, Google, Yahoo! and other firms by a company owned by Microsoft co-founder Paul Allen.
Dec 13, 2010 |
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Study: The right strategy doesn't guarantee advantage in auctions, real estate or stock market
Who wouldn't pay a penny for a sports car? That's the mentality some popular online auctions take advantage of -- the opportunity to get an expensive item for very little money.
Mar 16, 2012 |
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AOL says to sell 800 patents to Microsoft for $1.0 bn
AOL announced plans to sell more than 800 patents to Microsoft in a $1.056 billion deal giving the struggling Internet pioneer a needed cash injection as it seeks to fend off pressure from shareholders.
Apr 09, 2012 |
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eBay Mind Games
Psychologists have long known that when two people haggle over a price, it pays for the seller to start high.
Medicine & Health / Psychology & Psychiatry
Dec 11, 2009 |
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You can look -- but don't touch
Consumers are often told that if they break an item, they buy it. But a new study suggests that if they just touch an item for more than a few seconds, they may also end up buying it.
Jan 07, 2009 |
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US to auction rare T-Rex skeleton
A rare Tyrannosaurus Rex skeleton, among the most complete specimens in the world, is to go on the auction block in Las Vegas in October, the auction house Bonhams & Butterfields has said.
Other Sciences / Archaeology & Fossils
Aug 13, 2009 |
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Auctions, traffic, selfishness, and data privacy: It all comes down to math
Every time you run a Google search, a split-second automated auction takes place to determine which of many competing companies will get to fill the ad space in your browsing window. The program controlling ...
Nov 08, 2011 |
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EBay trying to encourage people to sell more items
(AP) -- EBay hopes to lure more sellers by essentially doing away with "listing" fees for people who occasionally auction items on its site. Instead it will take a cut of the final selling price.
Jan 26, 2010 |
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Auction
An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange.
There are several variations on the basic auction form, including time limits, minimum or maximum limits on bid prices, and special rules for determining the winning bidder(s) and sale price(s). Participants in an auction may or may not know the identities or actions of other participants. Depending on the auction, bidders may participate in person or remotely through a variety of means, including telephone and the internet. The seller usually pays a commission to the auctioneer or auction company based on a percentage of the final sale price.
For more information about Auction, read the full article at
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.