Sealed bid auctions create a level playing field by keeping bids confidential until the deadline passes. Unlike open bidding, participants can’t react to competitors or inflate offers based on visible prices. This format is commonly used in industries where fairness, privacy, and efficiency matter. Think real estate transactions, government contracts, or selling high-value collectibles without […] The post Sealed Bid Auctions: A Guide To Confidential Bidding Strategies first appeared on W...
