Re:Judge Refuses to Allow Sale of Infowars to The Onion
by JumpCrisscross on Wednesday December 11, 2024 @10:23AM
(#42388656)
> It is debatable if it is better or not
No, it really isn’t. Not with two bidders. The moment the first party announces their bid you have perfect collusion (if the second party, rationally, runs out the clock) or a stalled auction (if running out the clock is impossible, thereby always allowing someone to always claim they’ll bid better).
No, it really isn’t. Not with two bidders. The moment the first party announces their bid you have perfect collusion (if the second party, rationally, runs out the clock) or a stalled auction (if running out the clock is impossible, thereby always allowing someone to always claim they’ll bid better).