Auction theory

FirstEnergy Ohio Utilities’ Competitive Bidding Process Auction: Information Session for Prospective Bidders on Wednesday, July 7, 2021

Retrieved on: 
Wednesday, June 30, 2021
Consulting, Professional services, Finance, Business models, Auction, Marketing, Shop at Bid, Auction theory, Spectrum auctions, Telecommunications, Microeconomics, Indian Telecom Spectrum Auction

The auction process will lead up to the auction scheduled for August 23, 2021.

Key Points: 
  • The auction process will lead up to the auction scheduled for August 23, 2021.
  • The Information Session for prospective bidders for the August auction is scheduled for Wednesday, July 7, 2021.
  • Instructions on how to join the Webcast session are available on the Auction Information Website at www.firstenergycbp.com .
  • Part 1 Applications from prospective bidders will be accepted starting July 8 and are due no later than July 21.

ZOOMGIVE Changes Name to ZGIVE & Offers No-Subscription Pricing for Digital Auctions

Retrieved on: 
Tuesday, June 8, 2021
Auction, Marketing, Fundraising, Bidding, Game theory, Microeconomics, Auction theory

EL DORADO HILLS, Calif., June 8, 2021 /PRNewswire/ -- The easy-to-use digital auction platform formerly known as ZOOMGIVE has rebranded with the name ZGIVE.

Key Points: 
  • EL DORADO HILLS, Calif., June 8, 2021 /PRNewswire/ -- The easy-to-use digital auction platform formerly known as ZOOMGIVE has rebranded with the name ZGIVE.
  • ZGIVE's digital auction platform includes a game-like platform that allows donors to feel like they are playing a video game while also participating in a digital auction event to raise money for a nonprofit.
  • ZGIVE's digital auctions packages include unlimited auction items, unlimited participants, mobile and online bidding, silent and live auction experiences, Buy-it-Now, and more.
  • ZGIVE, established in 2018, is an organization based inEl Dorado Hills, CA, offering digital auctions and fundraising technology to help nonprofits simplify fundraising and maximize giving.

HiBid Records $44 Million in Auction Sales Last Week, with Returned and Seized Items Now Up for Bidding

Retrieved on: 
Thursday, June 3, 2021
Marketing, Auctions, Bidding, Auction theory, Pickles Auctions

OCALA, Fla., June 3, 2021 /PRNewswire/ -- A wealth of online retailer returned items, vehicles seized by U.S. Customs and Border Protection, and an incredible range of other assets across hundreds of categories are now up for bidding on HiBid.com .

Key Points: 
  • OCALA, Fla., June 3, 2021 /PRNewswire/ -- A wealth of online retailer returned items, vehicles seized by U.S. Customs and Border Protection, and an incredible range of other assets across hundreds of categories are now up for bidding on HiBid.com .
  • The auction platform facilitated a combined total of 1,312 online-only and webcast auctions last week, with sales topping $44 million in gross auction proceeds, continuing a trend of high-volume, high-dollar sales this year.
  • HiBid.com brings buyers and sellers together every day with a wide-ranging selection of items that appeal to bidders across the globe.
  • HiBid.com is fully integrated with Auction Flex , providing auctioneers with a comprehensive auction management platform that supports internet-only auctions, webcast auctions, and absentee bidding.

Insights on the Online Auction Global Market to 2025 - Increase in Sales of Art-based Goods through Online Auctions is Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 29, 2021
Retail, Online Retail, Auction, Online auction, Market, Retailing, Strategic management, Marketing, Art market, Auction theory

b'3.1 Global Online Auction Market: An Analysis\n3.1.2 Global Online Auction Market by Product Type (Fine Art, Jewels and Watches, Cars, Decorative Arts and Furniture, and Others)\n3.1.3 Global Online Auction Market by Region (North America, UK, and ROW)\n3.2 Global Online Auction Market: Product Type Analysis\n4.1 North America Online Auction Market: An Analysis\n4.2 UK Online Auction Market: An Analysis\n4.3 ROW Online Auction Market: An Analysis\n'

Key Points: 
  • b'3.1 Global Online Auction Market: An Analysis\n3.1.2 Global Online Auction Market by Product Type (Fine Art, Jewels and Watches, Cars, Decorative Arts and Furniture, and Others)\n3.1.3 Global Online Auction Market by Region (North America, UK, and ROW)\n3.2 Global Online Auction Market: Product Type Analysis\n4.1 North America Online Auction Market: An Analysis\n4.2 UK Online Auction Market: An Analysis\n4.3 ROW Online Auction Market: An Analysis\n'

Kraft Auction Service's 44th Anniversary Auction Sees Over $6 Million in Winning Online Bids Through HiBid.com

Retrieved on: 
Monday, February 8, 2021
Auctions, Auction theory, Microeconomics, Business models, Bidding

Conrad built Kraft Auction Service in 1976 and managed the company until his son, Jonathan Kraft, took over in 2005.

Key Points: 
  • Conrad built Kraft Auction Service in 1976 and managed the company until his son, Jonathan Kraft, took over in 2005.
  • Kraft Auction Service utilized HiBid.com to bring online bidders to the live webcast event.
  • In total, HiBid.com provided Kraft Auction Service with more than 94,000 total bids from 46,744 unique bidders during the two-weekend anniversary auction.
  • Online biddersgenerated from Kraft Auction Service's hosted HiBid.com website ( KraftAuctions.HiBid.com ), Indiana's state online portal ( Indiana.HiBid.com ), and HiBid.com properaccounted for the $6-plus million in gross auction proceeds.

HiBid.com Announces Record Traffic, with Over $38.7M Sold Last Week; Bidding Now Open for Antique Furniture, Limousines, Farm Equipment, Boats, and More

Retrieved on: 
Tuesday, November 3, 2020
Marketing, Auctions, Strategic management, Bidding, Business models, Shop at Bid, Auction theory

With 819,000 bidders submitting 1.35 million bids per day, on average, auctioneers sold more than 390,000 lots during the course of the week.

Key Points: 
  • With 819,000 bidders submitting 1.35 million bids per day, on average, auctioneers sold more than 390,000 lots during the course of the week.
  • On Thursday alone, there were 265 auctions and 90,000 lots for sale through the platform.
  • HiBid works seamlessly with Auction Flex , a comprehensive auction management platform.
  • HiBid supports webcast auctions, internet-only auctions, and absentee bidding.

Kungl. Vetenskapsakademien: The Prize in Economic Sciences 2020: Their theoretical discoveries have improved auctions in practice

Retrieved on: 
Monday, October 12, 2020
Marketing, Business models, Auctions, Bidding, Auction theory

People have always sold things to the highest bidder, or bought them from whoever makes the cheapest offer.

Key Points: 
  • People have always sold things to the highest bidder, or bought them from whoever makes the cheapest offer.
  • Nowadays, objects worth astronomical sums of money change hands every day in auctions, not only household objects, art and antiquities, but also securities, minerals and energy.
  • Using auction theory, researchers try to understand the outcomes of different rules for bidding and final prices, the auction format.
  • "This year's Laureates in Economic Sciences started out with fundamental theory and later used their results in practical applications, which have spread globally.

Kungl. Vetenskapsakademien: The Prize in Economic Sciences 2020: Their theoretical discoveries have improved auctions in practice

Retrieved on: 
Monday, October 12, 2020
Marketing, Business models, Auctions, Bidding, Auction theory

People have always sold things to the highest bidder, or bought them from whoever makes the cheapest offer.

Key Points: 
  • People have always sold things to the highest bidder, or bought them from whoever makes the cheapest offer.
  • Nowadays, objects worth astronomical sums of money change hands every day in auctions, not only household objects, art and antiquities, but also securities, minerals and energy.
  • Using auction theory, researchers try to understand the outcomes of different rules for bidding and final prices, the auction format.
  • "This year's Laureates in Economic Sciences started out with fundamental theory and later used their results in practical applications, which have spread globally.

FirstEnergy’s Pennsylvania Default Service Program DSP-V Auction: Information Session for Prospective Bidders on Wednesday, September 2, 2020

Retrieved on: 
Tuesday, September 1, 2020
Professional services, Utilities, Oil, Gas, Legal, Energy, Consulting, Auctions, Spectrum auctions, Auction theory

The auction is being conducted pursuant to FirstEnergys Pennsylvania Default Service Program (DSPV) as approved by the Pennsylvania Public Utility Commission.

Key Points: 
  • The auction is being conducted pursuant to FirstEnergys Pennsylvania Default Service Program (DSPV) as approved by the Pennsylvania Public Utility Commission.
  • The Information Session for prospective bidders for the October auction is scheduled for Wednesday, September 2, 2020.
  • Instructions on how to join the Webcast session are available on the Information Website at http://www.fepaauction.com/Documents/BidderInformationSessions.aspx .
  • Part 1 Applications from prospective bidders will be accepted starting September 3 and are due no later than September 22.

Commercial Real Estate Market Remains Active Despite Ongoing Pandemic, Says RealINSIGHT Marketplace

Retrieved on: 
Thursday, July 16, 2020
Auction theory, Market, Auction

NEW YORK, July 16, 2020 /PRNewswire/ --The Commercial Real Estate auction market is performing at stronger levels than anticipated despite the widespread crisis, which slowed the economy to a crawl in Q1 & Q2.

Key Points: 
  • NEW YORK, July 16, 2020 /PRNewswire/ --The Commercial Real Estate auction market is performing at stronger levels than anticipated despite the widespread crisis, which slowed the economy to a crawl in Q1 & Q2.
  • "We're currently in a unique and compelling environment to sell commercial real estate.
  • Opportunistic investors have been watching for any stumble in the steadily strong market and are now turning to auctionsto find assets and place capital quickly," says Damian Smoter, Vice President of RealINSIGHT Marketplace.
  • RealINSIGHTMarketplace is the leading platform for commercial real estate transactions, bringing buyers, sellers and brokers together to efficiently list, market and close deals.