Originally Posted by
Basil
I'm guessing that DRUK refers to that system in reverse which is, of course, more like a conventional auction except that the auctioneer states an increasing price until one of you caves in and accepts it
Exactly.
The only way the bidding would ever get to anywhere near $10K would be if all the passengers collectively conspired to force the price up that high.
But of course that would never happen, there will be plenty of people on the flight who will jump at the chance of a few thousand (or even a few hundred) dollars, in the knowledge that if they don't, someone else will and they will get nothing.