Bulk Buy Auctions Online
Bidders bid on an entire "lot" or package of goods as a single unit.
Multi-item auction where winners pay their individual bid prices for their chosen quantity. bulk buy auctions
This paper is particularly insightful because it defines the "group-buying auction" as a dynamic pricing mechanism where bidders form a collective to secure volume discounts: the more people who bid, the lower the final price becomes for everyone in the group. Key Papers & Concepts Bidders bid on an entire "lot" or package
A helpful paper covering "bulk buy auctions"—often referred to in academic literature as or multi-unit auctions —is "Bidder's Strategy Under Group-Buying Auction on the Internet" . bulk buy auctions