gwern comments on Open Thread, June 2-15, 2013 - Less Wrong

5 Post author: TimS 02 June 2013 02:22AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (433)

Sort By: Best

Show:

You are viewing a single comment's thread. Show more comments above.

Comment author: gwern 06 June 2013 11:10:15PM 25 points [-]

(But I guess maybe if you're just trying to drive up the price, this may be a good choice. Sneaky.)

Having read about auctions before, I am well-aware of the winner's curse and expect coordination to be hard on bidding for this unique item.

Bwa ha ha! Behold - the economics of the damned.