Subject:
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Re: Let's define what an auction announcement/update is
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Newsgroups:
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lugnet.market.theory
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Date:
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Tue, 15 Feb 2000 09:06:49 GMT
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Viewed:
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644 times
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In lugnet.market.theory, Scott Arthur writes:
> > - Sealed-bid auctions are "technically" (by name) auctions but in
> > fundamental principle are no different from "or-best-offer" straight
> > sales. OBO's are OK in .buy-sell-trade because OBO is a completely
> > natural way to conduct this type of barter, but to avoid flamage,
> > announcements of this type probably shouldn't use the word auction.
>
> 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.
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 "sealed bid auction" belongs in .buy-sell-trade, but an OBO sale
announced to .buy-sell-trade which mutates into open or semi-open
counteroffers should migrate over to .auction at that point.)
> The only other reason I can _now_ think of for crossposting between these
> two groups is the "bad trader alert" type posts. These posts usually
> acomplish very little, but I'm sure they make the victim feel quite a bit
> better.
Ah -- yes -- good. Not that I'm a big fan of those types of posts, but
certainly it ought to be allowed that they be crossposted to those two groups.
--Todd
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