AUCTION BLOG

 
    • December

      18

      2018
    Dutch Auctions
    • By Michael Abernethy

    GETTING TO KNOW DUTCH AUCTIONS

    What do you really know about a Dutch Auction? The history and origin of the Dutch Auction is actually a fascinating look at many of the same economic themes and issues we look at today. Microeconomic themes like supply and demand, finance themes like futures and options, and auction theory themes like first price and efficient pricing all were explored in 1600's Holland, hundreds of years before they were considered the science they are today.

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    • January

      28

      2019
    Clock and SMR Auctions
    • By Michael Abernethy

    CLOCK AUCTION VS. SMR AUCTION

    Throughout our dealings with clients the same question always comes up - "What is the difference between a Clock auction and an SMR auction?". Sometimes the difference between the two auction formats can be subtle for those unfamiliar with auction design. However, by using a simple apples vs. oranges comparison, the main difference between the two should become obvious, and also show you the strengths of each auction format.

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