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Cambridge professor Frank Kelly and I have developed a combinatorial auction procedure called PAUSE (Progressive Adaptive User Selection Environment), where the auctioneer never faces the winner determination problem.—London School Of Economics, Forbes, 4 Oct. 2024 The standard approach is to have bidders submit all their bids — including package bids — to the auctioneer, who then attempts to piece them together and accept those bids that together maximize auction revenue.—London School Of Economics, Forbes, 4 Oct. 2024 People power The soft close uses its open-ended timing to act like a human auctioneer, explains auction expert Peter Cramton of Del Mar.
38 QUESTIONS: What can fix California’s housing mess?—Jonathan Lansner, Orange County Register, 4 Oct. 2024 For the most part, the sale progressed at a brisk pace, with each work earning a handful of bids before the hammer dropped and the four auctioneers—two in the first half of the sale, which started at 11 am, and two in the second which started at 2 pm—keeping things moving along.—Daniel Cassady, ARTnews.com, 27 Sep. 2024 See all Example Sentences for auctioneer
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