G S C
gscole at ARK.SHIP.EDU
Tue Sep 21 17:56:48 UTC 1999
One example/definition of the Chinese auction process is presented at:
"an event which includes elements of a raffle and an auction, where
participants buy chances to win auction prizes."
At some other web sites, the bid tickets/coupons are placed into boxes.
I presume that the winning ticket/coupon is then drawn from a box. The
winning ticket which was drawn from the blue box could select from the
list of 'blue' prizes; the red box being associated with the list of
'red' prizes, and so on.
George S. Cole gscole at ark.ship.edu
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