Innovative Fundraising with Positive Auctions and Unstable Equilibrium

The concept of positive auctions involves starting the bidding at a low amount with each bid being a nonrefundable donation to the charity. This innovative approach not only provides participants with a chance to win items at a fraction of their value but also generates substantial funds for the charity. Known as unstable equilibrium, this unique auction method compels individuals to participate, even those who might not otherwise consider donating to a cause, by creating an enticing and captivating environment that keeps the excitement and engagement levels high.