When people hear the word auction they automatically assume it’s a fast-paced and loud version of a sale where people compete for goods. The auctions may have a “Reserve Price”, which is a minimum price that the buyer is willing to accept or it may have no reserve at all, opening the auction to any bid.  On YoVille, the environment may be a little different, but the concept is still the same.  People pile into a room hoping for a good deal on items.  However, what do these auctions do for the YoEconomy?  Are they good or bad, and do they hold a higher benefit for the seller or the buyer?

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