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・ Japanese armorhead
・ Japanese armour
・ Japanese Army
・ Japanese Army Headquarters (Tonowas)
・ Japanese art
・ Japanese Artillery Road and Pohndolap Area
・ Japanese Assault
・ Japanese asset price bubble
・ Japanese association football league system
・ Japanese Association of Independent Television Stations
・ Japanese Association of Management Accounting
・ Japanese Association of Rosario
・ Japanese Association of Supporting Streetchildren
・ Japanese Association of Zoos and Aquariums
・ Japanese Atomic Energy Commission
Japanese auction
・ Japanese Australians
・ Japanese Automotive Standards Organization
・ Japanese badger
・ Japanese banana
・ Japanese Bankers in the City of London
・ Japanese bantam
・ Japanese barque Kankō Maru
・ Japanese Baseball Hall of Fame
・ Japanese Baseball League
・ Japanese bath
・ Japanese battlecruiser Ibuki
・ Japanese battlecruiser Kurama
・ Japanese battleship Aki
・ Japanese battleship Asahi


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Japanese auction : ウィキペディア英語版
Japanese auction

A Japanese auction is a form of dynamic auction.
In a Japanese Auction, all bidders are considered in the auction with a continuously rising price. The only action that a bidder may take is to drop out of the auction. Once the bidder drops out of the auction, he or she may not re-enter the auction. The instant in which the second-to-last bidder drops out of the auction, the auction stops immediately, and the last bidder to remain gets the object at that price. It is strategically equivalent to the second price auction, even though it's a static game and the Japanese Auction is a dynamic game.
==References==

* Schindler, J., 2003. (Late bidding on the Internet. Working paper. ) University of Vienna. Archived at (Archive.org )


抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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