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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Fri, 3 Dec 1999 02:39:42 GMT
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Viewed:
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209 times
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In lugnet.market.theory, Todd Lehman writes:
> [...]
> I always admit I'm wrong once I've been shown it conclusively. In this
> case, I agree with the whole of your post above (some snipped). But
> disagree about being wrong about the essence of a "sealed bid auction"
> and what it really is or is not.
> [...]
BTW, one thing which hasn't been brought up yet (that I've seen) is the
labels for the newsgroups...
lugnet.market.auction -> implies auctions
lugnet.market.buy-sell-trade -> implies buying, selling, trading,
negotiating, bartering, etc.
The names are actually flawed -- they're good on average, but not perfect.
What they're supposed to (as in the original intent) mean is...
lugnet.market.auction -> icky blood-sucking drawn-out make-people-compete-
against-one-another-for-the-highest-price
types of sales
lugnet.market.buy-sell-trade -> happy fun friendly easy discussion-
negotiating types of transactions
And that's because of the brain-bandwidth differences between the two and
also because some people absolutely hate the idea of an auction (they feel
it's evil or immoral).
--Todd
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Message is in Reply To:
 | | Re: When is "Not an Auction" really an auction?
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| (...) I always admit I'm wrong once I've been shown it conclusively. In this case, I agree with the whole of your post above (some snipped). But disagree about being wrong about the essence of a "sealed bid auction" and what it really is or is not. (...) (25 years ago, 3-Dec-99, to lugnet.market.theory)
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