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

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

Print

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.

P
Pedro is the author of this solution article.

Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.