TAS has made the market less transparent

[John R]

(06-09-2014 06:22 PM)John Ioannidis Wrote:  Recently (at least I only noticed it a couple of months ago) they added a "make an offer" feature, which, at the end of the sale, does not disclose the amount paid if the offer was accepted.

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I'm not an expert on auctions or what the theory behind setting various kinds of auctions is (despite having worked at Google!), but it seems to me that something is fishy with this new way of doing auctions.

Comments?

This feature has been present on TAS for at least the last year, though I can't vouch for its presence earlier than that. Also, for whatever technical, lexical, or legal reason, TAS makes a distinction between "auction" listings -- in which the bids and selling price are both transparent -- and "fixed price" listings, in which negotiations between seller and buyer, as well as the final sale price, are obfuscated.