hackertube.io

This clock was famous, but the internet ruined it.

Tom Scott · explainer · Watch on YouTube

Microeconomics & behavioral economicsBusiness & economics (other)Tech industry & business models

What it is

Tom Scott explains the famous Dutch flower auction clock at Royal FloraHolland in Aalsmeer, a literal Dutch auction, and how the internet changed it. It is a short look at how the system worked then and now.

Why Hacker News recommends it

HN cites it as a fascinating explanation of a real Dutch auction, in threads about auctions and ticket sales.

  • 1 people recommended it
  • 1 different months
  • 0 strong recommendations
  • first 2022, last 2023

What HN commenters said

  1. “Fascinating to see how it worked then and how it works now.”

    How the Dutch flower auction clock worked

    poopsmithe, 2022-11 · Recommendation · in “How to sell tickets fairly”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: dutch auction, flower auction, aalsmeer, market design, tom scott

Also recommended by the same people