Posts Tagged ‘Vickrey’
FAAB, Vickrey and the cost of automation
Anyone who has been reading me for more than a decade probably knows that I hate the FAAB process for in-season free agent acquisition. In fact, my first “Why I Hate FAAB” column ran in 2005. In short, I can’t come to terms with a blind bidding process that wastes valuable resources, yet we spend…
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