Auction Table

The Auction Table, shown in the illustration, gives you a quantitative, real-time view of the auction in progress.

To enable the Auction Table, select Auction Table from the Status pull-down menu.

To resize the columns, click and drag column boundaries in the header
To reorder the columns, click and drag the column headers themselves.

The columns are:

ID	The ID of the bidder. A bidder agent receives a new ID whenever it is uploaded to or downloaded from the garage.
Quantity	The quantity requested in the last bid placed (note that this may be split into multiple rows, as explained below).
Price	The price (unit price) requested in the last bid placed.
Rate	The rate represented by the bid. It is the maximum cost represented by that bid, but not necessarily the price that will be paid by the bidder.

The rows are:

Your Dynamic Seller agent’s last bid is shown with in red. The last bids of all other agents are shown in black (in the blue shaded area) or in yellow (in the black area).

Any bidders that receive an allocation of bandwidth are shown in the blue shaded area. (The Dynamic Seller agent is in the blue area if bandwidth supply exceeds demand.) Any bidder who does not receive an allocation is shown in the black area. Bidders that receive only a portion of an allocation are shown in both the blue and black areas, with their quantities split accordingly.

The black area represents the basis for the actual cost paid by a buyer if the buyer’s agent receives an allocation of bandwidth.

(See “Merkato Auction Mechanism: The Progressive Second Price Auction.”)