Alainax
Elite
- Joined
- Dec 6, 2010
- Posts
- 4,928
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- Bonnie
Thanks for that Mega, I hit wiki but landed on reverse auction, I didn't think in a million years that would be how it would work! haha.
With regard to the concepts... 80% of that maybe?
It was rather confusing. Reverse auction and Dutch auction are very different. I couldn't quite fathom out how they would do it in a reverse auction, where they buyer opens the bid and sellers bid each other down... since there is only one seller!