Except these are wages, not POS goods on ebay. Wages are typically set months in advance of sponsorship, and the volatility from an auction would deter most from even hiring during OPT. Lottery volatility is already making it hard, but an auction favors employers like the H1B shops who have more market signals and tips it in their favor.
Since the bidding is a solution to a problem caused by the cap on # of H1B visas, why not just do away with the cap?
Since the bidding is a solution to a problem caused by the cap on # of H1B visas, why not just do away with the cap?