https://padlet.com/huda_mohd/tut5_5 en-us 2018-01-18 02:35:01 UTC 2026-01-21 15:28:03 UTC hello@padlet.com huda_mohd https://padlet.com/huda_mohd/tut5_5/wish/222302748 Dutch auction (also called descending-price auction) is a form of open auction in which bidding starts at a high price and drops until a bidder accepts the price. 
A Dutch auction is often better for the seller because the bidder with the highest private valuation will not let the bid drop much below that valuation for fear of losing the item to another bidder.]]> 2018-01-18 05:42:30 UTC https://padlet.com/huda_mohd/tut5_5/wish/222302748