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#33
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I whole-heartedly believe in the concept of "taking a stand" against companies with sketchy reputations, but proclaiming that you won't bid in their auctions isn't the way to do it. If even 100 dudes on the board "agreed" not to bid with a certain company, then game theory suggests another 100 dudes now have more incentive to "cheat" and bid because of the perceived opportunity for better prices. The net effect could be positive for the AH.
By contrast, I've decided that there are a few AH's to whom I will never consign material because of their reputation. Now if a 100 dudes started a movement to not consign to a certain company, that could actually have a material impact. Demand will always be there, but supply can be cut off. |
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