At 11:08 AM 3/21/99 -0500, you wrote:
>The messages by some of the participants shows that they really do not
>understand [or perhaps do not want] the concept of a free market. What they
>really want is a highly imperfect market so that they can buy things at low
>prices even though there are people around who are willing to pay more
>[given the presumption that all sellers will sell to the highest bidder
.....
Well said.
>But, perhaps a better way would be for E-Bay to create a new class of
>"Bonded Buyers and Sellers",
Sounds a lot like a high feedback rating to me...
>in which E-Bay has credit card numbers from both buyer and seller, and both
>buyer and seller have agreed to binding arbritration by a 3rd party
[E-Bay].
except that that opens eBay up to a lot of legal responsibility that
they're probably quite happy to avoid.
--------------------------------------------------------------------- O-
Uncle Roger "There is pleasure pure in being mad
roger_at_sinasohn.com that none but madmen know."
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Received on Wed Mar 24 1999 - 15:00:23 GMT