The question was to sort of just try to understand what the incentives of both parties here look like. And in particular, do these parties have an incentive to deviate from either the auction you're running as he had promised? Do they hold out buying now for a chance of buying at lower prices in the future? Or do they do stuff like buying now at the hopes of selling in a secondary resell market if there's going to be some high value buyer that comes later in the auction?

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode