If you , as a bidder , have made the highest bid at the end of an auction at or above the reserve price , you are obligated to complete the transaction 倘阁下，作为竞投者，在拍卖结束前叫出相等于或高于保留价的最高竞投价，阁下有责任完成该项交易。
If the final bid is less than the reserve price , the seller retains the right not to sell the item . please note that reserve price is not available in dutch auctions 若你是出价最高的竞投者，但你的竞投价未达到卖家所设的保留价卖家有权在拍卖期完结时收回拍卖品。
Should an auction target have the retentive price , while the highest bidding price for the auction target fails to reach the retentive price , the price shall not become valid and the auctioneer shall stop auctioning the auction target 拍卖标的有保留价的，竞买人的最高应价未达到保留价时，该应价不发生效力，拍卖师应当停止拍卖标的的拍卖。
When a reserve price auction is closed without a winner , sellers can offer for the highest bidder to buy the item at the bidder s highest bid . to send this invitation , sellers can click the hyperlink enclosed in the closing email sent by red - dots 若拍卖设有保留价，而在拍卖结束后因最高竞投者的出价未达至保留价，卖家会收到点点红的电邮通知书，内有一条拍卖成交建议连结。
Jump bid is a function that helps buyers to bid for his most wanted auction items with reserve price when there is no competitive bids from other users . if a bidder uses " jump bid " , the system will match his bid automatically to the reserve price if bidder s predefined supermax is higher than the reserve price when the auction closes 当买家选择使用这跳价功能，一旦拍卖结束而竞投者的无敌叫价高于卖家预设的保留价的时候，电脑系统便会自动代买家把他的最后叫价跳至卖家所定的保留价，这样可以有助双方最终达成交易。
In light of the disadvantage of few decision - making variables in the traditional auction mechanism design , this paper , taking the reservation price of the auctioneer , auction time , and the arrival process of bidders into account , proposes the optimal design of online single unit auction with financially constrained buyers aimed at maximizing the auctioneer ' s revenue 摘要针对传统拍卖机制设计所涉及的决策变量较少的弊端，结合网上拍卖的新特点，引入拍卖商的保留价、拍卖时间和投标者到达过程等决策变量，以投标者利润最大化为目标建立相关模型，在考虑投标商资金约束情况下，对单物品在线最优拍卖进行了设计。
