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In Fauna Auction, it's a set price auction in which a certain number of like items are sold at a given price that doesn't change. This is how it appears when listing the ad at least. I haven't seen a dutch auction in which the full quantity was sold, so the bid may increase at that point. You cannot set a bid increment in a dutch auction, so I'm fairly sure once the quantity is sold the auction would be over.
On Ebay, a dutch auction is an auction for multiple identical items in which the lowest successful bid is the price all winners pay.
In other words if an auction was for 5 items and I bid on one for $20, another person bid on 2 for $15 each, and a third person bid on the remaining 2 for $10 each, we would all pay $10 per item for the number we bid on.
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just a stupid question for you
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