hat
Règ: Òf kòmanse nan $0.01 ak ale moute nan $0.01 ogmantasyon. Gayan an Lè sa a, peye ankanteur nan tou sa òf la pi wo se jwenn atik la. Tipikman, vann piblik la pral kòmanse avèk yon soumisyonèr kèk espere fè yon pwofi ak Lè sa a fini moute nan yon lagè òf nan attrition. Nan pifò ka òf la pral rive nan $1 ak Lè sa a yon pwoblèm yo ap vin evidan pou la $0.99 machandè, Li ka pa gen okenn ankò fè pwofi men kounye a sèlman opsyon nan rasyonèl se òf $1.01 ki pral rezilta nan yon $0.01 pèt konpare ak $0.99.
eng
Rules: Bidding starts at $0.01 and goes up in $0.01 increments. The winner then pays the auctioneer whatever the highest bid is to get the item. Typically, the auction will start with a few bidders hoping to make a profit and then ending up in a bidding war of attrition. In most cases the bid will reach $1 and then a problem will become evident for the $0.99 bidder, He can no longer make profit but right now the only rational option is to bid $1.01 which will result in a $0.01 loss compared to $0.99.