the.com/bidder
Someone who turns wanting a thing into publicly admitting how much they want it.
means A person who offers a specific price in an auction or competitive sale, attempting to outdo rivals to win what's being offered.
from From Old English biddan, meaning 'to ask, request, or pray' — the same root that gives us 'bid' in the sense of a command or invitation. The auction sense developed as 'bidding' shifted from merely asking to making a formal offer of money, so a bidder is literally one who 'asks' for something with a price attached, their desire translated into a number.
- auction psychology
- paying more just because someone else wants it too
- etymology
- from old english beodan, to offer or command
- winner's curse
- the highest bidder often overpays, economists proved it
- silent type
- sealed-bid auctions hide rivals, everyone guesses blind