On Fri, 3 Nov 2017, ATMunn wrote: > > > Once the auction has ended, the auction's announcer SHALL announce > > > the end of the auction in a timely fashion. In the same message, e > > > SHALL include the a list of all the bids on each lot, and the > > > winner of each lot. Afterwards, any players who won any lots in the > > > auction SHALL pay the Auctioneer in shinies equal to eir highest > > > bid. > > > > I'm confused by how this works for lots of N items. I think you want > > multiple winners for a lot of multiple items? For pricing, this is not > > how lots of N should work. The final price should be the same for all > > items in the lot, and equal to the Nth-highest bid. This is a much > > fairer system for 2nd-place holders of shinies. > Okay, let me explain my though process here. > > You had mentioned in another message that it would be nice to have it so > multiple things could be auctioned off in the same auction. My idea was > then to have "lots" of the same type of item, and if wanted, they could be > made so players bid on them separately. How it's written is probably kind > of confusing, though. > > I also don't entirely understand what you're trying to say; could you > explain yourself a bit more? Or suggest an alternative way to do this? > > The easiest way is probably just to have auctions just be for a single > item, and if multiple different items need to be auctioned, they are just > separate auctions. Maybe I could have it so auctions could be "linked" > like CFJs can be.
Oh, sorry! Reference: https://en.wikipedia.org/wiki/Multiunit_auction So here's how N-lot auctions work. Let's say you're auctioning off 3 fungible (identical) items. You announce "I start 1 auction for 3 Land Units". It's a single auction. Let's say your bids are: 1,2,3,4. In this case, the people who bid 2,3,4 each win, and each get the item for 2 shinies (the Nth highest bid). Note that one person can have multiple bids and win more than one of them if e wants. Now let's say it's three separate auctions. First, there's a lot of tracking involved, and everyone has to be clear on which auction they're bidding in. So that's some confusion. (and it will be *lots* of confusion, so it's not "easiest" from that point of view). Now let's say the bidding (same people) is: Auction 1: 1 Auction 2: 1,2,3,4 Auction 3: 1,2,3,4 One person wins the first auction for 1 (way cheap), and a second person wins both of the later auctions for 4 each (e might not be able to afford that). Basically, the first method really limits luck and last-minute guessing, and allows a generally "fair" price given the number of items to be sold, and no one is at risk at winning more items than e wants.
