[denormalfloat]

It's needlessly complex because it doesn't solve any problems I have or any I have heard of. A simpler auction would still work pretty well, and be more easily understood by participants.

I ask because the only case I can think of this providing any value, it would be too complex. The example would be splitting up the assets after a divorce, where each spouse bids on the parts of the estate. A VCG auction may be more accurate, but what couple or lawyer would agree to use this system? It's too complex.

[zodiac]

What "simpler auction system" would you propose?