Translations:GTLD Auctions/18/en
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Cramton has defended IAL's decision to exclusively offer one style of auction, as opposed to Right of the Dot's three options, by writing on CircleID, "Choosing an auction design is not a matter of taste, or of favoring one bidder over another. There is a whole field in economics concerned with determining what the best auction is for a particular situation. Thousands of scientific papers have been written on the subject and much has been learned from decades of study." He goes on to note that using an independent system and auction provider, uniform across auctions, takes away the need to negotiate the auction style between the parties and creates a more predictable playing field.[1]
- ↑ Rationale for TLD Applicant Auctions to Resolve Strings, CircleId.comPublished 8 Jan 2013, Retrieved 8 Jan 2013