Slide 2
Slide 2 text
In-Class Auction
Item for bid: +$1000 for your team’s budget for Project 4
Your bid is !", virtual dollars from the Project 4 budget
Auction mechanism:
winner: highest bid, pays !($), gets $1000
“loser”: second highest bid, pays !(&), gets nothing
1
Auction ends when last late student enters classroom (or at 9:59am).
Bid by sending a slack message to #inclass: (team, bid) – to be valid, must increase previous bid by at least $1