Sealed first-price auction, also known as a first-price sealed-bid auction (FPSB).

首价密封拍卖也叫首价密封投标拍卖。

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Then, we show that the proposed auction generates the same revenue as a first-price sealed-bid sequential auction.

证明了该拍卖方式与第一价格密封连续拍卖产生相同的预期收益；

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Three kinds of complex bid is studied: first price sealed-bid auction, second price sealed-bid auction, and clearing price auction.

研究了电力市场中的三种复杂拍卖：一级价格密封拍卖、出清价格拍卖和二级价格密封拍卖。

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Then it was unsold, re-bid and essentially signed, sealed and delivered to Magna-Sberbank with non-binding promises about retaining jobs.

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Put them through a competitive bid process (sealed bid or auction), with pre-set milestones.

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