Discover how absolute auctions work with no reserve prices, awarding the sale to the highest bidder. Learn why they are ideal for quick property and asset sales.

Discover the Dollar Auction game, a fascinating paradox of rational choice theory, where bidding strategies can lead to surprising outcomes. Learn how it challenges logical decisions.

Stephen Colbert has auctioned off $57,050 – and counting – worth of memorabilia from "The Late Show" ahead of the May finale.