first-price sealed-bid auction 密封递价最高价拍卖 the First-price Sealed-bid Auction 第一价格密封式拍卖 sealed second price auction theory 第二价格密封拍卖理论 ..
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This is identical to the sealed first-price auction except that the winning bidder pays the second highest bid rather than their own.
这种拍卖方式与首价密封拍卖基本相同，区别仅在于胜出者需要支付的价格是第二高的报价，而不是他自己的报价。
Then, we show that the proposed auction generates the same revenue as a first-price sealed-bid sequential auction.
证明了该拍卖方式与第一价格密封连续拍卖产生相同的预期收益；
The bidding model of power plant company with incomplete information in unilateral open electricity market is analyzed by using the first price sealed bid auction.
运用博弈论中的第一价格暗标拍卖原理，研究发电公司的不完全信息竞价博弈模型。
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