[SubPro-IRT] Application Fee FAQ

[Sam Lanfranco]

I had not given that matter thought in my initial statement, but in general the economist in my favors, in this case, simple sealed bid auctions. There applicants have to make a "best guess" based on their business case estimates. This avoids bidding wars, and a bit less revenue to ICANN, but is also gives the winner a cost based on their business case estimates. ICANN going for more, and gamblers will likely disagree with me.

Sam L.

⁣Internet Elder, Internet Ecologist

On Jun 14, 2024, 8:50 p.m., at 8:50 p.m., Rubens Kuhl <rubensk at nic.br> wrote:
>
>
>> Em 14 de jun. de 2024, à(s) 11:55, trachtenbergm--- via SubPro-IRT
><subpro-irt at icann.org> escreveu:
>> 
>> Sam,
>> 
>> Can you clarify what you mean by “sealed bids”?  Are you suggesting
>applications submit sealed bids for their application fees?
>
>
>I took it as not having ascending bids for auction of last resort. What
>I am unsure is whether this would apply only to contention sets with
>supported applicants (those would only have a single round) or to all
>auctions of last resort. 
>
>
>
>Rubens
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