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A player auction is a form of auction used in online Video Games to sell an item to the highest bidder. You can learn more about player auctions and list your items up for sale online at the Player Auctions website.

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Q: What is the point of a player auction?
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What is the difference between a reverse auction and a forward auction?

A forward auction is the "ordinary auction" we are all used to today. In a forward auction, the buyer bids on the sellers item, and the prices of the item increases during the auction. On the other hand, a reverse auction switches the roles of the buyer and the seller. In a reverse auction, the sellers are competing for the buyers business, and the prices of the items the sellers are selling decrease during the auction.


What auction is the most common auction model for large purchases?

A reverse auction is the most common auction model for large purchases. During a reverse auction, the sellers bid to obtain business from a potential buyer.


What is the difference in a reverse auction and an ordinary auction?

Interesting question. Here goes. A reverse auction is a type of auction in which the roles of buyers and sellers are reversed. In an ordinary auction (also known as a forward auction), buyers compete to obtain a good or service, and the price typically increases over time. In a reverse auction, sellers compete to obtain business, and prices typically decrease over time.


What is the difference between a tender and auction?

what is the difference between an auction and a tender


Is name your own price an auction or reverse auction?

Name your own price is an auction, a "sealed bid" auction. The highest bidder gets the good or service and you don't get to hear other participants' bids. A reverse auction is where the prices start high and go lower, a setup used in supplier sourcing and procurement.

Related questions

What car dealer license will get you into a dealer auction?

From my point of view I think no!!


Is there an auction house where you can buy from other player in Allods Online?

Why yes there is. :)


Which player was omitted controversially from 2010 IPL auction?

Ravindra Jadeja


Do bidders know the amount of a reserve in place at an auto auction?

not that I have ever heard of - what would be the point?


Who is the player from Bangladesh who got surprise amount of money in auction in IPL season 2009?

Mashrafi Murtaza


Was Michael Jordan a point guard player?

Yes, Michael Jordan was a point guard player.


Is the word auction a noun?

To auction is a verb, an auction is a noun.


Which team buy gautam gambhir in the ipl player auction on 8-1-2011?

Knight Riders for $2.4M


How do you auction on roblox?

you auction..


What is a chopstick auction?

an auction


What is the noun for auction?

an auctioneer


Where is pawneers on HorseIsle 2?

There is no Pawneer on HorseIsle 2 like there is on the original HorseIsle game. Instead, there is an auction house where a player can allow the "foreign bidder" bid on an unwanted horse. If this bidder wins the auction, the horse will be removed from the game.