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Syracuse University White Paper on TLD additions
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Back in 1996, auctioning was debated and rejected overwhelmingly. This is hardly an original idea.
Anyway the original IAHC says it's a Really Bad Idea, and it's one of the few things they got right:
"With regard to the lottery mechanism, Mr Crocker conceded that the selection of registrars, all of whom must first meet an objective set of business and technical criteria, may not be ideal, but said this mechanism was finally favoured by the Committee because it was fair and equitable. An auction giving the right to become a registrar to the highest bidder would unfairly favour wealthy companies, said Mr Crocker, while selection of registrars by the Committee or another body would have been fraught with the possibility of legal complications."
http://www.itu.int/newsarchive/projects/dns-meet/D NS-PressNote.html [itu.int]
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Re:auctioning
by SimonHiggs
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Simon, take an Econ 101 course. You bought your computer in an "auction" called the free market. Does that mean that "only wealthy people" get computers? TLD slots are a resource. Markets allocate resources more efficiently than beauty contests. Lotteries will simply lead to secondary markets, in which lottery winners hold an auction for their TLD strings. This is all so obvious and ho-hum I havent' bothered to respond til now.
The legendary economics ignorance of the IAHC, from which we are still suffering, is hardly an argument in favor of your objections. And hey, give up your hopes that by sending Jon Postel a form making a claim to a TLD string back in 1996 is going to get you something. It isn't.
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