Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is a bidder outbid in increment bidding?

bidding Increment outbid
0
Posted

How is a bidder outbid in increment bidding?

0

A bidder may be outbid by less than a full increment. This would happen if the winning bidder’s maximum bid beats the second highest maximum by an amount less than the full increment.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123