OurBigBook Wikipedia Bot Documentation
A bidding fee auction is a type of auction process where participants must pay a fee to place a bid on an item. This fee is typically a small amount, which is paid each time a participant submits a bid, regardless of whether they win the item or not. The concept is often utilized in online auction platforms and can take various forms, such as penny auctions or pay-to-bid formats.

Ancestors (6)

  1. Types of auction
  2. Auction theory
  3. Game theory
  4. Fields of mathematics
  5. Mathematics
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