Networks

First Price Auction vs. Second Price Auctions: Which one should be used?

Article: https://roxot.com/blog/second-price-auctions-potential-gaming-system Google Ad Manager, Ebay and more companies adhere to second price auction in their live online auction events. In a second price auction, the winning bid does not pay his or her bid but the second highest bid in the auction. Many companies choose this process because it is deemed as a method […]