Quote:
Originally Posted by dstudeba
Please stop comparing this sale to the sale of a car. There are so many differences between the two. Depending on the rules of each auction house I bid differently. I read the rules, mix in my knowledge of game theory and probability and figure out my bidding strategy. You assumed or expected somethings that didn't turn out that way and you lost.
The unknown and the absense of rules could have caused more excitement and "auction mania" than if they had been consigned to REA in their huge catalog.
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I thought we were all about full name disclosure if you are posting and taking a stand in a discussion that has become a little warm over the past few days.
Second, I will compare it to buying a car because if there were no rules stated in the beginning, my comparison is that you never offer your top price right out of the gate. There is usually a negotiation back and forth and an agreed upon price reached when both sides communicate.