A real solution for domain names

Since it's annoying to dig around to find it... :-)

"Continuous Posted-Price Auction for Internet Domain Names Feb 27, 2008 at 4:22 am from Mountain View, CA Problem: Internet domain names have a squatting problem. Buying and keeping a domain is so cheap that people will "squat" on good domain names, in the hope of selling it later for a huge markup. In the meantime, they collect ad revenues from people who haplessly wander onto their otherwise empty sites.

It is almost impossible to buy a domain from a squatter. They have a monopoly on that particular domain name, so they can try to hold out on coming to an agreement in hopes of receiving a higher payout.

Solution: A continuous posted-price auction for internet domain names.

The domain name owner determines the value V that they derive from owning the domain for a year...."