I conducted a hypothetical Vickrey Auction for a coffee mug using Poll Everywhere in class yesterday. Here are some of the better bids:  

My beat up 96 Volvo with 465k miles
3 fabroje eggs and the dutchess of Cornwall
3 unicorns and a milking goat
One sherpa, Ok fine. Two sherpas, Five goats.
One hundred million dollars!!
A half eatin wheel of cheese from schlivakia

Don't tell BP.

Posted in ,

Leave a Reply

Discover more from Environmental Economics

Subscribe now to keep reading and get access to the full archive.

Continue reading