Subject:
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Re: Thoughts on having preferred customers in auctions
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Newsgroups:
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lugnet.general
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Date:
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Wed, 27 Jan 1999 10:21:23 GMT
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Viewed:
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784 times
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On Wed, 27 Jan 1999 04:53:28 GMT, Michael Ulring
<ulringmc@email.uc.edu> wrote:
> Final thoughts:
*has a Jerry Sp..puke flashback*
> There is of course the first rule of auctions which states that the
> auctioneer can do whatever the heck he wants [3]. There is always going
>
> (3) Within reason of course.
Or without reason: if th bidders don't like it, he sells at a lower
price or not at all. Ultimately, it's self-interest that keeps
auctions fair :)
Jasper
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