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Subject: 
Re: When is "Not an Auction" really an auction?
Newsgroups: 
lugnet.market.theory
Date: 
Thu, 2 Dec 1999 16:21:35 GMT
Viewed: 
336 times
  
Larry Pieniazek wrote:

In lugnet.market.theory, Richard Franks writes:
In lugnet.market.theory, Derick Bulkley writes:
Be warned: serious ranting below.

Potentially more annoying are sales that when you enquire about the item you
get the reply, "You were the first to ask about this item so it should be
yours, but someone else asked about it too so I'm going to auction it off
instead."

Richard

This gets up my nose too. (1)

Just curious, how do people feel about "I'm thinking of selling XYZ. If
I get a huge response, I will auction it, otherwise I will come back
with a price, and sell to the first offer"?

How do you conduct trades? Do you trade for the "best offer" or take the
first trade offer which meets your valuation of the item? This obviously
is different because the offers don't have a mutually agreeable value
(as opposed to money, which for the most part each of us is agreement on
it's value relative to other money - i.e., your US dollar is as good as
my US dollar).

--
Frank Filz

-----------------------------
Work: mailto:ffilz@us.ibm.com (business only please)
Home: mailto:ffilz@mindspring.com



Message has 1 Reply:
  Re: When is "Not an Auction" really an auction?
 
(...) It's a bit of a waste of time, but it is *open*. I can choose to deal with that person - I know exactly what they intend to do, or I can walk away. Being open is the best thing as far as I am concerned. If the seller, mentioned earlier in the (...) (25 years ago, 2-Dec-99, to lugnet.market.theory)

Message is in Reply To:
  Re: When is "Not an Auction" really an auction?
 
(...) This gets up my nose too. (1) I tend to think a bit less of the seller after they do that(2). There is an instance of that going on right now, although I shall omit most of the details... someone offered some things, not thinking they were (...) (25 years ago, 2-Dec-99, to lugnet.market.theory)

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