Đấu giá không như trong phim

đấu giá nghệ thuật, vì người bán dự rằng những người đấu giá bỏ giá khác xa nhau, nên áp dụng 'đấu giá kín' để người thắng cuộc ko biết mình bỏ giá cao quá,

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Dear Dan,

I recently attended my first art auction, but to my surprise it was nothing like in the movies—no raised paddles or emotional bidding wars. Instead, participants submitted private bids, and each lot went to the highest, with no chance for people to raise their bids. Why would an auction house use this method?

—Lisa 

What you witnessed was a “sealed-bid auction,” where each person submits a bid in advance and no one knows what other people are bidding. This is less exciting than an “English auction,” where participants bid against each other and the last person willing to raise their bid gets the item and pays for it. These are just two of the many possible auction formats, and new ones keep being invented. This year’s Nobel Prize in economics went to Paul Milgrom and Robert Wilson for their work on auctions.

Which auction format to use depends on the seller’s assumptions about how much buyers are willing to pay. If the seller expects the potential bidders to differ greatly in how much they will pay for an item, it’s advantageous to use a sealed-bid auction, since it keeps high bidders from discovering that they could have won the item for less. When potential bidders don’t know how much an item is potentially worth, an English auction will usually bring the highest price, because it allows bidders to establish the item’s value by learning from one another’s bids. As you discovered, the goal of the auction house isn’t to create the most exciting auction but to maximize sale prices.

Bài trước: Để học tiếng anh tốt