auctions

Ever wondered what happens to old rental cars? Odds are, they get snapped up by dealers looking for bargains at car auctions.

The auctions at Rodeo Houston are no normal auctions. They serve the dual functions of selling off livestock and raising money for Texas youth.

A closer look at the economics and psychology behind high art prices.

Farm auctions — a marketplace for knickknacks, farm land and everything in between — are often also social gathering spaces for rural communities. That’s changing as more auctions go online.

Art critic Blake Gopnik comments on the record-setting auction, as well as his own interactions with the late Microsoft co-founder.

Some say the return of the U.K.’s only annual mistletoe auction heralds the beginning of the end of COVID-induced social distancing.

Masha Golovina of Masterworks.io talks about the two-tiered economy and says that when physical art fairs are coupled with online sales, “that’s the ideal mix.”

It’s an existential question, says art critic Blake Gopnik. Once a work of art is in a museum, it’s supposed to be more or less unsellable.

Many products are now sold using “package auctions” for a more efficient allocation of goods.

The winning economists designed auctions that allow for multiple bids over a period of time.