荷式拍卖
荷式拍卖-
一般而言，卖者的预期收益在英式拍卖与荷式拍卖中完全相同，第二价格拍卖次之，第一价格拍卖再次。这种差异主要是来自于RET过于严苛的假定条件。
Despite perfect reasoning of RET , it does not match what we have observed in practice , that is , a seller can obtain the same expected revenue from English auction and Dutch auction , but less from Second Price auction , and the least from First Price auction .