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Siebel eAuction Guide > Auction Properties >
Enforce Exact Bid Increment Option
The
eAuc:EnforceExactBidIncrementproperty determines whether bids must be placed in exact multiples of the auction's Bid Increment field. Settings for theEnforceExactBidIncrementare TRUE and FALSE where:
- TRUE = increments must be exact multiples of the Bid Increment.
- FALSE= bid increments can be inexact—they do not have to be exact multiples of the Bid Increment. A bidder's next bid must still beat the Bid Increment.
The following examples illustrate acceptable bids for each option. For this example, assume the Bid Increment Multiple is set to 1.0.
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Siebel eAuction Guide Published: 18 April 2003 |