|
27th May 2020, 02:54 AM
|
#12 |
|
Member
Join Date: Dec 2004
Location: Ann Arbor, MI
Posts: 5,503
|
As to its price:
There was a study some years ago: professional economists wanted to know the relation of the actual worth to the final price at auction-like sales. The bottom line: real worth of an auctioned object equals the average of all bids. Based on this calculation, the winner did not seem to overpay excessively. |
|
|
| Thread Tools | Search this Thread |
| Display Modes | |
|
|
Threaded Mode