Quote:
DrPraetorious said:
My only problem with that is that people will have a tendency to bid on their friends, or on *players* they think are not a threat. Also, you have to handle the second round of bidding, which takes extra time.
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I don�t really get what you mean.
I�d propose the following mechanism for a second prize auction:
1. Each player makes bids for all nations.
2. Assign nation 1:
The nation which got the highest total bid gets assigned to the player who made that bid. That player has to pay an amount in population equal to the second highest bid.
Then the remaining bids of that player and the remaining bids for the nation he chose get removed from the bidding process.
3. Assign nation 2
Repeat step 2 with the remaining nations and bids until all nations are assigned.
Unless I�m really missing something it should be optimal for each player to bid his reservation value on each nation.