On Mon, Jul 15, 2013 at 5:41 PM, Kerim Aydin <ke...@u.washington.edu> wrote: > Starting 6 individual simultaneous VT auctions (where for example you > have to say "I bid in auction #3") seems very broken. I think the > auction rule has to take into account multiple lots (final price > being the Nth highest bid for N lots).
The idea is that since the lifetimes differ, it makes more sense to conduct the auctions separately. Might be too complicated to play with, but intentional - the alternative might be ending up with a crappy VT because you were in second place when vying for a very good one. >> While an Auction is in progress, each active player has an >> Auction Account for that auction; > > What happens to the funds in auction accounts at the end of the > auction? This makes everyone's account disappear at the end of the > auction, so even the losers pay...? Oh crap. Should've waited before distributing. Duh.
