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Subject:	Re: Proxy ratcheting: How do auction systems work?
Newsgroups:	lugnet.market.auction
Date:	Thu, 22 Apr 1999 20:34:53 GMT
Viewed:	894 times

In lugnet.market.auction, Todd Lehman writes: [snip] > > --Todd From the number of the responses to this and a few other Auction technology threads, maybe we need lugnet.maket.technology group?

Message has 7 Replies:

		Re: Proxy ratcheting: How do auction systems work?
(...) [snip] (...) Market theory could include algorithms, etc. but my initial reaction is - What makes an auction good, just, fair, well run - it turns into an ethical discussion for me - although that might not be a bad topic for here either. (25 years ago, 22-Apr-99, to lugnet.market.auction, lugnet.admin.general)

		Re: Proxy ratcheting: How do auction systems work?
(...) [snip] (...) Market theory could include algorithms, etc. but my initial reaction is - What makes an auction good, just, fair, well run - it turns into an ethical discussion for me - although that might not be a bad topic for here either. (25 years ago, 22-Apr-99, to lugnet.market.auction, lugnet.admin.general)

		Re: Proxy ratcheting: How do auction systems work?
(...) Hey, that's a cool name that might work. Are these analysis/theory threads becoming too much to follow in a primiarly-non-discussion group? Are these discussions noise here? If so, then yes, there should be a separate group for this sort of (...) (25 years ago, 22-Apr-99, to lugnet.market.auction, lugnet.admin.general)

		ng for auction technologies/theory?
(...) Is that a case in favor of .market.theory or in favor of .market.tech? In my mind, ethical issues fit much more closely with what .market.theory means but not so much with what .market.tech* means, so ethics would be a case in favor (...) (25 years ago, 23-Apr-99, to lugnet.market.auction, lugnet.admin.general)

		Re: Proxy ratcheting: How do auction systems work?
(...) Why not lugnet.market.discuss? (or STB lugnet.market.disc? Use appropriate abbreviation here) The topic du jour may be auction philosophies and the best rules to build an auction around, but there are other discussion-type topics which could (...) (25 years ago, 23-Apr-99, to lugnet.market.auction, lugnet.admin.general)

		Re: Proxy ratcheting: How do auction systems work?
(...) I like market.theory better than technology for two reasons 1) as Todd said, cut back on people thinking they can buy CD players there... 2) Theory encompasses technology. 3) the Usenet precendent. OK, 3 reasons. That said, I don't think (...) (25 years ago, 23-Apr-99, to lugnet.market.auction, lugnet.admin.general)

		Re: Proxy ratcheting: How do auction systems work?
(...) Because shipping and shopping are marketplace discussions but not theory or technologies/techniques. A broad name like .market.discuss invites people to talk about everyday things like FOTW's and UPS vs. USPS, both of which have their own (...) (25 years ago, 23-Apr-99, to lugnet.market.auction, lugnet.admin.general)

Message is in Reply To:

		Re: Proxy ratcheting: How do auction systems work?
(...) Sure, of course it's more honest if the bidder bows out honorable way. But not everyone is going to do that. If you allow people to renege on their high bid without any penalty or record-blackening, the result over time is many frustrated (...) (25 years ago, 22-Apr-99, to lugnet.market.auction)

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