Subject:
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Best Offer Sales vs. Sealed Bid Auctions(was Re: 8480 Technic Shuttles)
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Newsgroups:
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lugnet.admin.general, lugnet.faq
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Date:
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Mon, 3 Apr 2000 00:26:26 GMT
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Crossposted to FAQ for future reference
Key Words for searches: Sealed Bid Auctions, Best Offer, OBO, SBA.
In lugnet.admin.general, Todd Lehman writes:
> No, you've got it right -- OBOs do belong in .buy-sell-trade. Considering
> the best offer among multiple offers is a completely natural part of putting
> something up for sale or possible sale. SBAs belong in .auction. The two
> are similar in underlying algorithm but very different in human perception.
>
> The original discussion only started because someone felt it was inappropriate
> to post an OBO into .buy-sell-trade...they said that an OBO sales were a kind
> of auction. An OBO sale is about as much an auction as a scarf is a glove.
>
> --Todd
This is the definitive answer many of us have been looking for. Thank You,
Todd, for stating this so clearly. Among all of the other past discussions, I
do not remember ever reading this interpretation as clear-cut and definitive as
your statement above.
One suggestion:
The page http://www.lugnet.com/market/ currently has no text, etc. in the left
column. Perhaps the lugnet definitions of OBO and SBA could be listed there as
a quick quide for any future postings. This could also include links to some
past .admin duscussions regarding these matters.
__Kevin Salm__
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Message is in Reply To:
 | | Re: 8480 Technic Shuttles
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| (...) No, you've got it right -- OBOs do belong in .buy-sell-trade. Considering the best offer among multiple offers is a completely natural part of putting something up for sale or possible sale. SBAs belong in .auction. The two are similar in (...) (26 years ago, 2-Apr-00, to lugnet.admin.general) !
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