Subject:
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Re: FS: 8094 Technic Control Center
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Newsgroups:
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lugnet.admin.general
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Date:
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Tue, 26 Jan 1999 13:25:51 GMT
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Viewed:
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924 times
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Larry Pieniazek <lar@voyager.net> writes:
> Todd Lehman wrote:
>
> > I think the pragmatic side of the coin was the mindset in the outset (heh) but
> > OBO's are tricky things to categorize... :) When you see a bicycle for sale
> > in the newspaper as "$75 OBO" it usually means, "$75 if anyone'll gimme $75,
> > otherwise I'll go lower if necessary." Eric's OBO is a different kind -- best
> > offer exceeding $xyz. Eric's type of OBO is definitely more auction-like than
> > a classified newspaper ad for a bicycle.
>
> Arguably this is an auction too.
Agreed! :) I just meant to say that one type was "more" auction-like than the
other type, not to say that the bicycle example wasn't an auction at all. If
you buy into the concept of fuzzy quantifiers on how much something is an
auction, the bicycle example might be, say, only 10% auction, whereas Eric's
example might be, say, 40% auction. :)
> The 75 is a suggestion as to where to
> price. In the bicycle case the seller thinks it is high. In Eric's case,
> he thinks it is low. In either case, a bid of 70, absent any other bids,
> may well be accepted (although if Eric said 75 was a reserve price, it
> won't be).
Hey! By what percentage does this mean that an $11 Outback Airstrip at S@H
this week is an auction of bicycle type? ;-) 1%...?
--Todd
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Message has 1 Reply:
 | | Re: FS: 8094 Technic Control Center
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| (...) Taken by itself, 0%. S@H THIS WEEK will not take less and will not charge more. If they run out it was first come first served, those who offered to pay more will not get priority. Taken over time S@H could be viewed as a modified dutch (...) (26 years ago, 26-Jan-99, to lugnet.admin.general)
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Message is in Reply To:
| | Re: FS: 8094 Technic Control Center
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| (...) Arguably this is an auction too. The 75 is a suggestion as to where to price. In the bicycle case the seller thinks it is high. In Eric's case, he thinks it is low. In either case, a bid of 70, absent any other bids, may well be accepted (...) (26 years ago, 26-Jan-99, to lugnet.admin.general)
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