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Re:$782k over asking for a house in Sunnyvale by wtvanhest on Wednesday September 13, 2017 @11:32AM (#15239223)
IMO, over the long-run, the market always wins. You cannot randomly change an unimportant technical detail and actually impact the long-run pricing. The type of mechanism that is described where you must take the price offered has so many drawbacks, like... how do you handle contingencies, etc.
Re:$782k over asking for a house in Sunnyvale by foota on Friday September 15, 2017 @02:32AM (#15255087)
Are you familiar with auction theory? The conditions for the auction can significantly change the optimal bid.