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#11
April 7th 04, 03:08 PM
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I think it works like this, if you have 40 of the same
hangars and 60 people want them, They bid for them. The top forty bids are accepted and they all will pay what the 40th bid was. While the lower twenty 41 thru 60 get no hangar! I think  Somebody will say 'But if I bid $2, I'm sure to get a space if a lottery is needed.' Isn't this one of those John Nash models? Never got into this stuff beyond the SciAm level. Didn't pay that much attention in the movie-Jennifer Connelly's fault. ;-) Shawn 
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