CURRENTLY AVAILABLE 4 FORMATS OF AUCTION TRADING (ENGLISH, DUTCH, SEAL FIRST PRICE , VICKRY) WIDELY DISTRIBUTED IN THE WORLD AND THEIR PROS AND CONS IN THEIR MANAGEMENT MECHANISM
DOI:
https://doi.org/10.55640/Keywords:
English auction, Dutch auction, first sealed auction, Vickrey auction, first auction in history, auction sale, auctioneer, auctioneer, auctioneer, auction winner.Abstract
Auctions are a very popular form of trade in many countries today, particularly in Europe, America, China, Japan, and Arab countries. In them, an object is put up for public sale and a kind of competition is organized among buyers to buy this object, and whoever pays the most money wins the sale.
This article mainly discusses the 4 formats that are currently common in the world. (English, Dutch, sealed first price, vickry) auction sales, their positive and negative aspects are covered.
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References
1. Ayupov RH Fundamentals of the Digital Economy: Textbook, – T.: TMI, 2020. – 575 P.
2. Shodmonov Sh. Economic Theory: Textbook , – T.: “LESSON PRESS”, 2021. – 768 P.
6 . Japanese auction - Wikipedia (wikipedia.org)
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This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors retain the copyright of their manuscripts, and all Open Access articles are disseminated under the terms of the Creative Commons Attribution License 4.0 (CC-BY), which licenses unrestricted use, distribution, and reproduction in any medium, provided that the original work is appropriately cited. The use of general descriptive names, trade names, trademarks, and so forth in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.
Germany
United States of America
Italy
United Kingdom
France
Canada
Uzbekistan
Japan
Republic of Korea
Australia
Spain
Switzerland
Sweden
Netherlands
China
India
