What Is a Penny Auction, and How Does It Work?
5 min read
A short, practical guide to how pay-per-bid auctions work and what the final price leaves out.
Read article →Penny Auctions vs. Traditional Auctions: What's Different?
4 min read
How paying per bid changes who pays, when an auction ends, and what the final price tells you.
Read article →The Sunk-Cost Trap: Why It's Hard to Stop Bidding
4 min read
Why bids you've already spent make it harder to walk away, and simple ways to decide based on what's ahead.
Read article →What to Watch For: Unfair and Illegal Practices in Penny Auctions
6 min read
Fake bidders, hidden fees, rule-breaking rivals and fine print that limits your rights: what to watch for, from sites and from other bidders.
Read article →A Short History of Penny Auctions
4 min read
From a 1971 classroom game to a worldwide boom, a wave of scandals and a quiet decline: the story of penny auctions in brief.
Read article →Where Penny Auctions Came From
5 min read
The economics game, the related formats and the Munich startup behind the first penny auction website.
Read article →The Boom, the Bust and the Scandals
6 min read
How penny auctions spread worldwide, why most sites closed, and the scandals that drew regulators in the US, UK, Japan and China.
Read article →Are Auction MSRP Claims Realistic?
6 min read
Why an advertised retail value may differ from the price shoppers can actually find in the market.
Read article →The Hidden Cost of Winning an Auction
5 min read
Why the closing price is only one part of the real cost in a pay-per-bid auction.
Read article →What Bidder Competition Can Tell You Before You Bid
5 min read
How the number and concentration of bidders can reveal how competitive an auction may become.
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