Ah ha! A Dutch auction (<a href="http://en.wikipedia.org/wiki/Dutch_auction" rel="nofollow">http://en.wikipedia.org/wiki/Dutch_auction</a>). This might be a good thing for people who can get away with less-powerful servers (and who can't these days?). I can't find the reference I want to find, but a little ways down in <a href="http://www.econlib.org/library/Enc/Auctions.html" rel="nofollow">http://www.econlib.org/library/Enc/Auctions.html</a> it says that a Dutch auction does not maximize revenue for the seller. So you have to wonder why the seller is using this auction style.<p>Dutch auctions are supposed to take place faster than other types, and risk aversion is supposed to make bidders choose a higher price than they would otherwise. Are people bidding on used servers particularly risk averse, or do sellers just want to unload them?