[Groop] Groop Regarding EBAY and auctions

[Neil Ottenstein]

It is the seller's objective to get as much money as possible for an
item.  It is the buyer's objective to get an item for as little as
possible.  The seller doesn't "deserve" anything.  Auctions
artificially inflate the price of items in the first place. In many
cases they make it appear that there is less supply of an item than
there really is.  Collaborative bidding sounds like a good idea from a
group perspective.

On 10/9/07, Rick Loomis <rick at flyingbuffalo.com> wrote:
> You realize, of course, from the sellers point of view, you are
> "cheating". ... If the two of you get together and
> agree that whoever bids first gets it, and he gets it for $25, you
> have created a great deal for the one who gets it, at the cost of (in
> a way) cheating the seller out of what he deserved.

Neil