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Vickrey auction

en.wikipedia.orgsite

Hinted by an HN comment, in which yes, “‘Asking people what they'd pay for and how much rarely works.’ (…) Using a Vickrey auction, similar to Google's ad auction mechanism, can elicit a person's maximum willingness-to-pay.”

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Billing
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2026-10-10
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  1. Pricing niche products kevinlynagh.com

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  2. source news.ycombinator.com

    ) - Simple explanation of the bidding mechanism.

  3. Papers we love: Auctions and Bidding github.com

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  4. Don't just roll the dice – Software pricing guide neildavidson.com

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  5. Finding the max revenue price mark for digital products web.archive.org

    “To find the optimal price that provides maximum revenue for your product you will need to field-test several price points; you then reconstruct the revenue curve and find the peak.”

  6. Quantity discounts on a virtual good: The results of a massive pricing experiment sci-hub.st

    “Implementing price reductions ranging from 9–70% for large purchases, we found remarkably little impact on revenue, either positively or negatively.” If discounts are a placebo and are still widely used in the industry, maybe they are a marketing hack to lure big customers?

Billing › Marketplace: “Hinted by an HN comment, in which yes, “‘Asking people what they'd pay for and how much rarely works.’ (…) Using a Vickrey auction, similar to Google's ad auction mechanism, can elicit a person's maximum willingness-to-pay.””