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This week Jon discusses new websites that do auctions a bid differently, Jon and Adam interview Tim Farley of whatstheharm.net at TAM7, and Darren explores the ‘myth’ that flamingos get their colour from eating shrimp
Listen now: http://media.libsyn.com/media/therealitycheck/The_Reality_Check_Ep_58_-_2009-10-01.mp3
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Freakonomics on All-Pay Auctions and Swoopo.com
Bidding Fee Scheme on Wikipedia
Wikipedia Article on Escalation of Commitment
What’s the Harm?
Flamingo Colour Myth