10883Re: [Unity_Games] SR: B2O March 1, 2001
- Mar 3, 2002Hmph!
Kyle's Modern Art bidding was a *little* wild, and while it seemed out of
whack, it had a purpose. Hey, I came in third.
I'll be writing an essay entitled "Bidding in Modern Art: How I Learned to
Stop Worrying and Love the Krypto" later this week. I'm sure you are all on
the edge of your seats :). The gist is that I disagree with you and Campbell
that the "ideal" bid is one in which you are bidding half of what you think
the piece of art will be worth.
For instance, I caught a lot of grief in the last round for bidding 43 on a
Gitter that I thought would sell for 60 (but ended up selling for 70). It
was perfectly rational . . . but I'll save that for the essay :).
Kyle who is not Susan
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