I submit the following proposal, "no stinking auction definitions", AI-2:
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Repeal Rule 2584 (Free Auctions)
Repeal Rule 2552 (Auction Termination)
Repeal Rule 2551 (Auction End)
Repeal Rule 2550 (Bidding)
Repeal Rule 2549 (Auction Initiation)
Amend Rule 2545 (Auctions) to read in full:
An auction is a way for entities to give away specified assets
(items), grouped into lots, in exchange for a currency. A lot is a
non-empty list of items to be transferred to a single recipient
(an auction winner).
When the rules authorize a person (the auctioneer) to conduct an
auction, e CAN do so by any wholly public method that would be
generally recognizable, as specified by the auctioneer at the
start of the auction, and under common definitions and terms used
in auctions, as a fair, equitable, and timely means of determining
the auction winners from among the current players, and enabling
the appropriate exchange of goods.
The rule that authorizes the auction further authorizes the
auctioneer or auction winners to transfer said items as necessary
to conduct the auction in a manner consistent with the auction
method. If the authorization is to auction "new" items, it further
authorizes the creation of said items as per the chosen method.
The Treasuror is the promulgator for regulations that define
specific auction methods (i.e. "the default auction method") and
SHOULD do in order to aid trade and commerce. For the purposes of
interpreting auction definitions, such methods are treated as if
they are defined in this rule. To further aid trade and commerce,
auction methods should be interpreted in the name of fairness with
deference to the method's clear intent, if intent can be
reasonably inferred.
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