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I've been in boarding areas where this happened. The offer started at $400 and ended up at $1,000 by the time they got enough people to accept. No one was outra

I've been in boarding areas where this happened. The offer started at $400 and ended up at $1,000 by the time they got enough people to accept. No one was outraged (and I was quite happy to get 2x$1,000 in vouchers in exchange for a minor inconvenience).

ghaff 9y ago
That's not a reverse auction. A reverse action is offering $2K. More people than we need. OK, how about $1500? Still too many. $1000? OK, right number. "Wait! You offered us $2K and now you're only going to give us $1K. Lying POSs." At least that's what I think people are referring to as a reverse auction in this context. I'm not sure if that's a totally accurate description or not.
thaumasiotes 9y ago
Do you really think "The offer started at $400 and ended up at $1,000" matches the description "start high and lower it"?