eBay vrs42?

[Antonio Carlini]

> > Would you also claim that this is unfair to the seller and 
> the auction
> > house?  This actually is known to happen in the Real World (tm), and
> > I've never heard anyone there complain that it is unethical, or that
> > it constitutes "manipulating the price".
> 
> If, as a consequence, the Rembrandt goes for $1 (or any other 
> rediculous
> price), I would say that was clearly unfair to the seller.

If the seller didn't know about the concept of a reserve (and
the auction house chose not to inform him about it for some reason)
then clearly the seller should be upset with the auction house.

A and B have clearly behaved impeccably: why on earth should
they be obliged to pour (possibly public) money into the 
seller's coffers?

Antonio

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Antonio Carlini arcarlini at iee.org