Multi-item auction where all winners pay the same price (usually the lowest successful bid).
Bidder's strategy under group-buying auction on the Internet bulk buy auctions
: 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 Multi-item auction where all winners pay the same
Multi-item auction where winners pay their individual bid prices for their chosen quantity. bulk buy auctions