Comment

Comment by ezl

Years ago I saw a post on HN (or maybe reddit) about using reverse dutch auctions for these sort of situations and how it provided the fairest outcomes for all parties.

It was the first time I had ever heard of that concept, and since then I have felt that it really is the best way to create a fair market clearing price for all participants where the maker with a limited stock of product (taylor swift) and the buyers (fans) get to participate.

Edit: oops - I can't find the original article I referenced, but someone else posted this on the same concept which is now on the front page of HN: https://barnabas.me/blog/2022/11/selling-tickets-fairly/

parent ezl 4 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton