I don't think that the service gets more expensive under a second price auction (which Choron uses). If you bid $10 and I bid $100, normally it would go to you for $100. In the randomized case, it might go to me for $100.
I think I agree with you about the possibility of harm in the 2 person case.
I don't think that the service gets more expensive under a second price auction (which Choron uses). If you bid $10 and I bid $100, normally it would go to you for $100. In the randomized case, it might go to me for $100.
Oh yes, that's right. I think I initially misunderstood the rules of the second price - I thought it would be $10 to me or $100 to you , randomly chosen.
If it's worth saying, but not worth its own post (even in Discussion), then it goes here.