A Dutch auction is a type of auction where the auctioneer starts with a high asking price, which is progressively lowered until a participant accepts the current price or the reserve price is reached. It is commonly used for selling products that have multiple units, where each unit is sold at the same final price, which is the price accepted by the first winning bidder. This method contrasts with the traditional English auction, where prices ascend as bidders compete.<\/p>\n","protected":false},"excerpt":{"rendered":"
A Dutch auction is a type of auction where the auctioneer starts with a high asking price, which is progressively lowered until a participant accepts the current price or the reserve price is reached. It is commonly used for selling products that have multiple units, where each unit is sold at the same final price, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[3],"tags":[],"class_list":["post-112191","post","type-post","status-publish","format-standard","hentry","category-glossary"],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.zycus.com\/glossary\/wp-json\/wp\/v2\/posts\/112191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.zycus.com\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.zycus.com\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.zycus.com\/glossary\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.zycus.com\/glossary\/wp-json\/wp\/v2\/comments?post=112191"}],"version-history":[{"count":5,"href":"https:\/\/staging.zycus.com\/glossary\/wp-json\/wp\/v2\/posts\/112191\/revisions"}],"predecessor-version":[{"id":113903,"href":"https:\/\/staging.zycus.com\/glossary\/wp-json\/wp\/v2\/posts\/112191\/revisions\/113903"}],"wp:attachment":[{"href":"https:\/\/staging.zycus.com\/glossary\/wp-json\/wp\/v2\/media?parent=112191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.zycus.com\/glossary\/wp-json\/wp\/v2\/categories?post=112191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.zycus.com\/glossary\/wp-json\/wp\/v2\/tags?post=112191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}