You're talking about game theory as it relates to pricing / auction games. This ... | Hacker News

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ethbro on June 18, 2016 | parent | context | favorite | on: If ICANN only charges 18¢ per domain name, why am ...

You're talking about game theory as it relates to pricing / auction games. This is a really well-studied topic, and indeed there are much more efficient ways to match value to demand.

F.ex. https://en.m.wikipedia.org/wiki/Vickrey_auction

thedevil on June 18, 2016 [–]

Somehow, I had never even heard of auction theory. Thanks!

This has to be the only comments section on the internet where I actually get smarter by participating. :)

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