Subject:
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Re: When is "Not an Auction" really an auction?
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Newsgroups:
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lugnet.market.theory
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Date:
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Wed, 1 Dec 1999 23:30:39 GMT
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Viewed:
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205 times
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Larry Pieniazek <lar@voyager.net> wrote:
> I'm with you. These are auctions. However, the powers that be have
> already ruled that single round sealed bid auctions are OK for b-s-t.
Really? That's weird - Todd's a really smart guy. How could he be
dead wrong on this issue?
--
The parts you want and nothing else?
http://jaba.dtrh.com/ - Just Another Brick Auction
Why pay eBay? Run your own LEGO auctions for free!
http://www.guarded-inn.com/bricks/
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Message has 2 Replies:
 | | Re: When is "Not an Auction" really an auction?
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| (...) He's not dead wrong, he's decided otherwise. For an insight into his logic, see: (URL) gives some of his points. I know he's made others, but I couldn't find them easily. As an aside, I agree with Larry and Derrick. SRSB auctions are not (...) (25 years ago, 1-Dec-99, to lugnet.market.theory)
| | | Re: When is "Not an Auction" really an auction?
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| (...) A sealed-bid auction is a *DEGENERATE CASE* of an auction. They're only known as "auctions" because some bozo once upon a time many years ago called them auctions. The spirit of an auction is to solicit bids and use those bids in turn to (...) (25 years ago, 2-Dec-99, to lugnet.market.theory)
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