I had not given that matter thought in my initial statement, but in general the economist in my favors, in this case, simple sealed bid auctions. There applicants have to make a "best guess" based on their business case estimates. This avoids bidding wars, and a bit less revenue to ICANN, but is also gives the winner a cost based on their business case estimates. ICANN going for more, and gamblers will likely disagree with me.
Sam L.
Internet Elder, Internet Ecologist
On Jun 14, 2024, at 8:50 p.m., Rubens Kuhl <
rubensk@nic.br> wrote:
Em 14 de jun. de 2024, à(s) 11:55, trachtenbergm--- via SubPro-IRT <subpro-irt@icann.org> escreveu:
Sam,
Can you clarify what you mean by “sealed bids”? Are you suggesting applications submit sealed bids for their application fees?
I took it as not having ascending bids for auction of last resort. What I am unsure is whether this would apply only to contention sets with supported applicants (those would only have a single round) or to all auctions of last resort.
Rubens