Sea-to-sky-games wrote:Either way one is taking advantage of asymmetric information.
FormCritic wrote:Sea-to-sky-games wrote:Either way one is taking advantage of asymmetric information.
Bracton wrote:Of course, that's exactly the point of securities laws and laws against insider trading. If you have insider information, you either cannot buy or sell, or must tell the other guy what you know.The difference here is that knowledge of game prices isn't insider information. It's available to anyone who has a computer, an internet connection, and the minor skill to search eBay (or the pricing pages of the Acaeum).
Sea-to-sky-games wrote:There are "shady" buyers and "shady" sellers. You buy something for "way cheaper" than it "ought" to go for, to me, is morally the same as a seller trying to pass something off as more valuable than it really is. Either way one is taking advantage of asymmetric information.Since "value" is very subjective, and it's all voluntary exchange anyways, I generally don't have a problem with either activity. It's the nature of markets. Ideally we should treat others as we'd like to be treated ourselves- there's usually a win-win that can be negotiated in most transactions.
TheHistorian wrote:I don't have any comment on this thread, but I wanted to say nice avatar, Bracton! Dang, that's what I should have chosen.
ashmire13 wrote:I'd be interested to know if the guy from France who has come at you, is the infamous French nutter who has been banned from here at least twice.
Bracton wrote:Thanks. I ran through about five or six before I settled on Harn. Maybe we'll work out a trade at some point? Just to confuse people.
Gnat the Beggar wrote:Buyers are unfair and perhaps EVIL if they get something for less than it should sell for?Sellers who are ignorant of the true value of an item they are selling should always be told what a fair price is for their items?I am just like most of you.I buy items for my collection as inexpensively as I can.In doing so (when I can) I sometimes purchase larger lots with the plan to sell some of the items.With the intention of keeping a few items that will add to my own collection.Sometimes I will find a bit of gold in larger lots that the seller had no idea of the value of the items hidden there.I jump for joy when that happens as such instances are very rare for me.Sometimes I will sell some of those hidden jewels for a small profit (and rarely for a big profit).Why would I want to sell them for less than or even exactly what I paid for them?Why the hell would any of us do that?Call me evil if you wish, but I think there is nothing whatsoever wrong in this activity.And I wont discontinue that sort of activity either.
copycat wrote:now, the reverse would be true for something that does hold any "sentiment" to me, such as my personally autographed in EGG's house OCE, as there would be no offer I would accept on it, even though it is likely only "marketable" to a few people, and for not a tremendous amount.