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On pinball's downfall; draft Scrabble; strategies for choosing a seat; visiting our old friend, swoopo.com; and meatball theory: various and sundry economical, game theoretical, and miscellaneous morsels from the folks at Cheap Talk.
posted by cortex
on Nov 18, 2009 -
53 comments
An online auction site called Swoopo, once called TeleBid, has hit upon an ingenious way to make money. They are an auction site not entirely unlike Ebay - but using a different auction scheme. Where EBay uses a slightly modified Vickrey auction system, Swoopo uses an auction system based on the "Dollar Auction" game - with interesting results. [more inside]
posted by Zarkonnen
on Oct 1, 2008 -
31 comments