Why was a large price step applied to my auction after an undersell?

Modified on:: Thu, 13 Aug, 2020 at 9:53 AM


When a round results in an undersell, the last large price step is cancelled and the auction proceeds in small price steps. With one exception: if the auction is in competition with other auctions, large price steps will be applied until the competition constraint is resolved.

For further information, please check this article: Ascending Clock Algorithm.

Pedro is the author of this solution article.

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