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wbl
547 days ago
They wouldn't have made that bid if the rules were different! A vickrey auction has a lot of support as getting revenue.
1 comments
freejazz
547 days ago
So?
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AnthonyMouse
546 days ago
So a bid of $200 in a Vickrey auction that results in a $101 sale price
doesn't
imply that you could have otherwise gotten $200, because in a different type of auction the bidder wouldn't have bid that much.
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freejazz
546 days ago
Well it does imply that they did value it at $200 so I'm not sure what you aren't getting because it's very plain.
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