摘要 |
Methods, systems, and products are disclosed for selecting a structure for an online auction. One method prompts a user to input details of the auction and suggests a reverse auction for sourcing goods and services in a telecommunications environment. If the market price for the auctioned goods/services is stable, then the method establishes a reserve price less than or equal to a contract price. A rank-only Vickery structure may be suggested in which each bidder is only informed of the ranking of the bidder's bid. Each bidder is not informed of a monetary value of the winning bid.
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