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Articles with tag "tulip-mania"

What is a 'Dutch Auction' and how does it work?

A Dutch auction, also known as a reverse auction, fundamentally changes the usual logic of bidding. Instead of participants raising their bids, the auctioneer starts with a deliberately high price and gradually lowers it in specific increments.

November 28, 2025auction-school

#dutch-auction#reverse-auction#bidding+6

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