Happy Festivus! Airing of Grievances 2023 Edition

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#14

12-24-2023, 05:17 PM

oldjudge

j'a'y mi.ll.e.r

Join Date: May 2009

Location: The Bronx

Posts: 5,871

Peter--I think the reason is that making the first move conveys information to the other party. If one is willing to sell an item for $X but the potential buyer indicates he is willing to pay $X+ then the seller has been advantaged by not making the first move. The same is obviously true if the seller shows an offer before the buyer has bid.

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