Tag: Auction software
Auction software: a general overview
Nov 16, 2016
by Martin Sims

Auction formats The PolicyTracker auction software allows you to create: Simultaneous Multiple Round Auctions (SMRAs), Ascending Clock Auctions (ACAs) and What are the differences between them? SMRA The distinguishing feature of the SMRA is that it is selling the actual licence the bidder will receive. e.g. if you are selling… Read more...

Common features for all auctions
Nov 16, 2016
by Martin Sims

Creating an auction Go to the Auctions tab on your site, select the "Add new" drop down on the far right and choose from: Ascending Clock Auctions (ACAs) Combinatorial Clock Auctions (CCAs)Simultaneous Multiple Round Auctions (SMRAs),    Common administrative features Which ever auction type you choose, the first seven elements are… Read more...

Creating an Ascending Clock Auction (ACA)
Nov 16, 2016
by Martin Sims

Common features The ACA shares several common features with the other auction types: Title Description Auction start time Price units Bidders Round duration Break duration Setting these up is described in the Common features page. Specific requirements of the ACA The ACA has specific features as well as a particular… Read more...

Creating an SMRA
Nov 16, 2016
by Martin Sims

The unique features of the SMRA start with the Eligibility requirement, the other aspects are covered in the Common features for all auctions page. Eligibility requirement This is the percentage of their eligibility points a participant is required to bid in order to maintain their full eligibility in the next… Read more...

FAQs
Nov 16, 2016
by Martin Sims

How do I re-run the same auction? In the top right drop-down take the auction back to "private" change the start time then re-publish. Please note this will clear all the current bidding data! How do I change round lengths manually? The system is set up to run rounds of… Read more...

Running an Ascending Clock Auction (ACA)
Nov 16, 2016
by Martin Sims

How to program the parameters of the auction and the auction required by the auctioneer Read more...

Running an SMRA
Nov 16, 2016
by admin_pt

When will the auction end? The auction ends when no bids are placed, so the admin page will not display the "closed" indicator in the top right drop-down until there has been a round with no activity at all How do I see the winners? Click the status tab, scroll… Read more...