Matches in DBpedia 2016-04 for { ?s ?p "A Dutch auction is a type of auction in which the auctioneer begins with a high asking price which is lowered until some participant is willing to accept the auctioneer's price, or a predetermined reserve price (the seller's minimum acceptable price) is reached. The winning participant pays the last announced price. This is also known as a clock auction or an open-outcry descending-price auction.This type of auction is convenient when it is important to auction goods quickly, since a sale never requires more than one bid."@en }
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- Dutch_auction abstract "A Dutch auction is a type of auction in which the auctioneer begins with a high asking price which is lowered until some participant is willing to accept the auctioneer's price, or a predetermined reserve price (the seller's minimum acceptable price) is reached. The winning participant pays the last announced price. This is also known as a clock auction or an open-outcry descending-price auction.This type of auction is convenient when it is important to auction goods quickly, since a sale never requires more than one bid.".
- Q727746 abstract "A Dutch auction is a type of auction in which the auctioneer begins with a high asking price which is lowered until some participant is willing to accept the auctioneer's price, or a predetermined reserve price (the seller's minimum acceptable price) is reached. The winning participant pays the last announced price. This is also known as a clock auction or an open-outcry descending-price auction.This type of auction is convenient when it is important to auction goods quickly, since a sale never requires more than one bid.".