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Siebel eAuction Guide > Siebel eAuction Overview > Auction Definitions >

Auction Type

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Each auction can have a different format and bidding logic.

Auction types include:

English Auction (also known as a Forward Auction)
Reverse Auction (also known as a Request for Quotes, or an RFQ)
Modified English Auction
Dutch Auction
Vickrey Auction
Reverse Vickrey Auction

For more information, see Auction Types.

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