Once an auction is over, it is over. We will not do that here. Number of items. In the case that two people bid the same thing, the person who bid for more items will win, regardless of who bid first. If both buyers bid for the same number of items, the earliest bid will win.
Proxy bidding rounds.
One round will be defined as when the auction engine cycles through all users and adjusts bids accordingly, based on the current high bid and the buyer's maximum bid. A round will commence once a buyer places a bid on a lot, and will proceed in the order the bids were placed. If at the end of the round, a resolution is not achieved, we will start over from the beginning. There are also two other types of auctions that we will not use here, but may be good for reference. Winning Bid Auction - The winning buyer gets the requested lots for the price they bid.