On 4/4/20 9:25 PM, Alexis Hunt wrote:
> On Sat, 4 Apr 2020 at 21:19, Jason Cobb via agora-discussion
> <agora-discussion@agoranomic.org
> <mailto:agora-discussion@agoranomic.org>> wrote:
>
>     On 4/4/20 9:16 PM, Alexis Hunt via agora-discussion wrote:
>     > Well, that and the fact that you can lower/re-do bids at all.
>     >
>     > Also the fact that this auction is set up so that winning is not.
>
>
>     Doesn't
>
>     >       For each lot in the Auction, the winner of that lot is the
>     player
>     >       with the highest priority on the Auction who has not won any
>     >       previous lot.
>
>     mean that persons later in the list (i.e. those with lower bids) get
>     lots first, since they have higher priorities?
>
>
> No, earlier bids have priority by the previous paragraph.
>
> -Alexis 


Sorry, I should have been more clear, and I wasn't asking specifically
about this situation.

Consider an auction with one lot and the following bids:

- Alice: 2 coins

- Bob: 1 coin


Per Rule 2551, a person's priority is "their position in the list of
persons who have bid on the Auction, sorted by the value of their
non-withdrawn bids in descending order." This list is [Alice, Bob].
Assuming 0-based indexing (because I can), Alice's priority is 0, and
Bob's priority is 1.

Also per Rule 2551, "For each lot in the Auction, the winner of that lot
is the player with the highest priority on the Auction who has not won
any previous lot." Bob has the highest priority (1 vs. 0), so e is the
winner the sole lot, despite having a smaller bid.

-- 
Jason Cobb

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