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Alternatively, use the auction to stir up attention and low bids, even though there's nothing here. Then imply a state actor won (via a large self-bid) or disr
by Bartweiss 10y ago
Alternatively, use the auction to stir up attention and low bids, even though there's nothing here.
Then imply a state actor won (via a large self-bid) or disrupted the auction. Hence the penny-auction structure, where they can walk away and keep preliminary bids.
- deleted 10y ago[deleted]