Wednesday, August 05, 2009

Auctions and Scrabble

WSJ blogs about research work by Mallesh Pai who I work with in NY, Northwestern U. Economist Jeff Ely and others. See Jeff's blog about the genesis, and the theoretical open problems. At the high level, the rules specify an auction for each new tile in scrabble and support it by money from the word scores on the board. The complete rules are here.



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