Multi-item auction where all winners pay the same price (usually the lowest successful bid).
For a deeper dive into how these mechanisms work, you can explore these specific resources: bulk buy auctions
Multi-item auction where winners pay their individual bid prices for their chosen quantity. Multi-item auction where all winners pay the same
: This is a specific type of "bulk" auction where multiple identical items are sold. Bidders submit bids for both a price and a quantity, and winners pay the exact amount they bid. Summary of Bulk Auction Types Auction Type Description Group-Buying Bidders submit bids for both a price and
Bidders bid on an entire "lot" or package of goods as a single unit.
: The paper "Bundling Decisions for Selling Multiple Items in Online Auctions" explores how sellers decide whether to auction items individually or as a "bulk" bundle. It highlights that bundling is most profitable when the items are highly complementary.
Bidder's strategy under group-buying auction on the Internet