Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

What is a reverse dutch auction?


The ticket prices start high and are gradually reduced at a set rate until they reach a pre-defined minimum. The idea being that scaplers can't profit off of purchasing early since the official clearinghouse is lowering the price all the time.

People have to make a judgement call on the value of the tickets and purchase at an appropriate time.


Apparently there is actually an approach called "Dutch reverse auction" [0], but that's not what the proposal is about - rather it's a about a regular Dutch auction [1].

[0] https://en.wikipedia.org/wiki/Reverse_auction#Dutch_reverse_...

[1] https://en.wikipedia.org/wiki/Dutch_auction


The buyer says how much they're willing to pay, and the first seller to agree to sell at that price wins the auction.




Consider applying for YC's Summer 2026 batch! Applications are open till May 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: