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Dutch auctions
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Brandon SWIA
Posted 3/19/2009 13:42 (#649553 - in reply to #649537)
Subject: Re: Dutch auctions


I would think that you might get a higher price. In a traditional auction, if bidder A is willing to pay $4500 and B is willing to pay $5000, the sales price will probably be $4550. In a dutch auction the sale price would be $5000.

Brandon
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