[ExI] five dollar camaro

spike spike66 at att.net
Wed Jul 13 14:56:47 UTC 2011


Check out this crazy story from a game theory perspective:

 

http://www.cnn.com/video/#/video/us/2011/07/12/dnt.camaro.sells.for.five.buc
ks.wnem?hpt=hp_c2

 

This looks like a great way to harness the human propensity for gambling and
the love of competition to create great profits.  This one news story will
likely make a fortune for the owner of the penny auction site.

 

spike

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