The primary motivation for settling disputes in early  private auctions is money If ICANNruns an Auction of Last Resort  the application fees and bids are non-refundable By contrast  the Applicant Auction works on an ascending-clock model  which normally works much like an eBay auction: bidders name a maximum price they are willing to pay  and the auction price rises at each stage of the auction  until all bidders but the winner have dropped out