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Case Study: Auctions and Dynamic Pricing

Compare and contrast how each of the following uncovers value:

English and Dutch auctions.
Sealed-bid first-price auctions and Vickery auctions.

Compare and contrast surge pricing and congestion pricing. Give an example of each currently in use.
Identify three examples of auctions used in finance, e-commerce, and/or e-games. Explain the following in-depth:

The need for an auction to uncover value in the product or service.
How the type of auction used to uncover the value of the
product or service is better at uncovering value than other types of

What are the advantages or disadvantages of auctions as revenue generators for not-for-profit organizations?
Suggest ways in which a for-profit company, such as the company
for which you work or a company for which you aspire to work, can use
auctions or dynamic pricing to better uncover value and increase