 | | Re: Let's define what an auction announcement/update is —Scott Arthur
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| | | (...) fundamental (...) are (...) Sealed bid auctions : I may be the only person that does this : if you mail the seller and ask what the best bid is to date (I did it once) they tell you. So, in reality, these can become just plain old auctions. (...) (24 years ago, 15-Feb-00, to lugnet.market.theory)
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| | | | | Re: Let's define what an auction announcement/update is —Todd Lehman
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| | | | | (...) Yeah, good point. Once someone does do that, then their auction is no longer a sealed-bid auction, which means that (especially if they go out soliciting higher bids) it definitely doesn't belong in .buy-sell-trade in that case. (Not that a (...) (24 years ago, 15-Feb-00, to lugnet.market.theory)
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| | | | | Re: Let's define what an auction announcement/update is —Ray Sanders
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| | | | One comment... In the classic sense, a 'sealed-bid auction' is exactly that. The bids are all sealed until a specific time. Depending on the auction and the rules, the bidders may or may not be present when the bids are 'opened'. Auctions which we (...) (24 years ago, 16-Feb-00, to lugnet.market.theory)
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