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t. e. A Japanese auction[ 1] (also called ascending clock auction[ 2]) is a dynamic auction format. It proceeds in the following way. An initial price is displayed. This is usually a low price - it may be either 0 or the seller's reserve price. All buyers that are interested in buying the item at the displayed price enter the auction arena.
Early slavery in Japan. The export of a slave from Japan is recorded in the 3rd century Chinese historical record Wajinden, [ 1] but it is unclear what system was involved, and whether this was a common practice at that time. These slaves were called seikō ( 生口 "living mouth"). In the 8th century, slaves were called Nuhi (奴婢) and laws ...
An Anglo-Dutch auction starts as an English or Japanese auction and then continues as a Dutch auction with a reduced number of bidders. [81] [82] A French auction is a preliminary sealed-bid auction before the actual auction, whose reserve price it determines. A sequential auction is an auction where the bidders can participate in a sequence of ...
Tsukiji Market (築地市場, Tsukiji shijō) is a major tourist attraction for both domestic and overseas visitors in Tokyo. [ 1] The area contains retail markets, restaurants, and associated restaurant supply stores. Before 2018, it was the largest wholesale fish and seafood market in the world. [ 2] The market opened on 11 February 1935 as a ...
Private electronic market. Software. v. t. e. A reverse auction (also known as buyer-determined auction or procurement auction) is a type of auction in which the traditional roles of buyer and seller are reversed. [ 1] Thus, there is one buyer and many potential sellers. In an ordinary auction also known as a forward auction, buyers compete to ...
Slavery is integral to the social, economic, and political history of Central Asia. Polities of different sizes and structures such as nomadic confederations, [ 12] agrarian city-states, [ 13] and empires [ 14] all engaged in and at various times promoted the enslavement and trade of people and the exploitation of their labor. [ 15]
An English auction is an open-outcry ascending dynamic auction. It proceeds as follows. The auctioneer opens the auction by announcing a suggested opening bid, a starting price or reserve for the item on sale. Then the auctioneer accepts increasingly higher bids from the floor and sometimes from other sources, for example online or telephone ...
List of battleships of Japan. Between the 1890s and 1940s, the Imperial Japanese Navy (IJN) built a series of battleships as it expanded its fleet. Previously, the Empire of Japan had acquired a few ironclad warships from foreign builders, although it had adopted the Jeune École naval doctrine which emphasized cheap torpedo boats and commerce ...