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Proxy bid
Proxy bidding is an implementation of an English second-price auction used on eBay, in which the winning bidder pays the price of the second-highest bid plus a defined increment. It differs from a Vickrey auction in that bids are not sealed; the "current highest bid" (defined as second-highest bid plus bid increment) is always displayed. == Description and use == eBay uses the term ''proxy bidding'' to refer to their implementation of an English second-price auction, in which the winning bidder pays the price of the second-highest bid, in addition to a defined increment.〔(【引用サイトリンク】title=Proxy bidding )〕 Though similar to a Vickrey auction in that bids are not sealed, the "current highest bid" (defined as second-highest bid plus bid increment) is always displayed.
抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Proxy bid」の詳細全文を読む
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