Subject:
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Re: Trade Auction
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Newsgroups:
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lugnet.market.theory
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Date:
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Tue, 21 Mar 2000 09:53:06 GMT
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Viewed:
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729 times
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In lugnet.market.theory, Lawrence Wilkes writes:
> can you have a trade auction?
M. Edwards had one for his 12v trains. It may still be on his site
>
> i.e. I want to trade parts but have had several offers for the same thing.
> Besides the difficulty of determining the actual value of the different
> offers, is it usual practice to go through an auction like process for trades?
>
> Or do most folks do it on a first come first served as long as it seems fair
> at the time?
>
> regards
> lawrence
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Message has 1 Reply:
 | | Re: Trade Auction
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| (...) And it's a canonical example of how not to do it. But it wasn't the auction itself that was flawed, it was the wiggling. (25 years ago, 21-Mar-00, to lugnet.market.theory)
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Message is in Reply To:
| | Trade Auction
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| can you have a trade auction? i.e. I want to trade parts but have had several offers for the same thing. Besides the difficulty of determining the actual value of the different offers, is it usual practice to go through an auction like process for (...) (25 years ago, 21-Mar-00, to lugnet.market.theory)
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