# dollar auction

> non-zero sum sequential game about auctioning a $1 bill with the rule that the 2nd-highest bidder also loses the bid amount; a paradox in which players make an ultimately irrational decision based on apparently rational choices

**Wikidata**: [Q1235683](https://www.wikidata.org/wiki/Q1235683)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Dollar_auction)  
**Source**: https://4ort.xyz/entity/dollar-auction


## References

1. Freebase Data Dumps. 2013