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bumping up the bid

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This Post:
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152363.79 in reply to 152363.76
Date: 8/1/2010 10:32:47 AM
Overall Posts Rated:
22
Why shouldn't they? People are allowed to buy players that are selling cheap and sell 3 days later for way more money. So why shouldn't people be allowed to bid on their own player for the sole purpose of raising the bid. They are taking a risk to get some reward. If they raise the bid too high then they will not sell the player and they will be taxed as well. However, if an owner raises the bid, and then someone else still bids on it then that person obviously is happy to spend that amount of money for the player so there is no issue. It is no different to the owner setting the starting price high and waiting for a bid.

Because it creates a false economy and unfair advantage or disadvantage on other teams. It is not about what they are happy to spend, it is about what the true market value asked him to spend for the player, without interference from the manager, it is simply corrupt to be allowed to do this.

Was the price lower than what you would expect to pay for the player in your opinion? Did you keep bidding after you noticed it?
I doubt that it would happen in 8% of all players on the market. I think it would be closer to 1% of players on the market.

Again, it has nothing to do with what I would expect to pay, but what the market asked for in each particular transfer, without the interference I have already mentioned. The 1 % seems just a number and guess so I cannot comment on that

Next you want to stop day trading as well?

Day trading does not actively con people out of money they should not have had to spend, day trading is a market risk on the value you put you player up for so is not related at all.

A person will bid what they want on a player. They will not bid more than they are willing on a player. If the owner set the starting price to 1 million someone could come along and buy him. If he sets it to 1k starting price then he might get bid up to 850k, the owner might bid on him and then someone else comes along and bids 1 million on him. It doesn't matter. If you think the price is too much for the player then don't bid, it doesn't matter who the other bidder is. The point I was making about the warning signs is that you can't warn someone about everything that you think shouldn't happen. Do you want a warning that say "This player was bought a few days ago for half the amount that he is now listed for so you should not buy him or you will help facilitate day trading".

Yet again, missing the point, it does matter , because evertime I bid above the owner, that is money I should not have had to spend, as it is sleazy and corrupt actions to con money out of teams, if they notice it happening that is!!

I disagree, it is the managers responsibility to keep an eye on this.

You disagree, based on what, going by that logic, it is totally our responsbility to look out for players cheating with two teams, I think we have a secondary responsibility with this, but primarliy it is the games responsibility to rovide a fair and transparent game platform, withour support.

This debate could go on for ever, I agree with that comment, and I have heard nothing to justify this action being allowed, jyst comments blaming the buyer, which I find outragous.

Anyway, good debate, but for me, I think I have heard enough to know what SHOULD be done, althought I doubt anything will be!!

Great debate guys!!!!


This Post:
00
152363.80 in reply to 152363.79
Date: 8/1/2010 11:43:14 AM
Overall Posts Rated:
102102
Because it creates a false economy and unfair advantage or disadvantage on other teams. It is not about what they are happy to spend, it is about what the true market value asked him to spend for the player, without interference from the manager, it is simply corrupt to be allowed to do this.


So you're saying the seller is not part of the market?

This Post:
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152363.81 in reply to 152363.80
Date: 8/1/2010 12:30:40 PM
Overall Posts Rated:
13361336
Next you want to stop day trading as well?
I thought you'd never ask. YES PLEASE! :D If you sell your player before he has played 11 competitive games for you, you pay 99% tax on a sale! :P

This Post:
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152363.82 in reply to 152363.80
Date: 8/1/2010 12:47:32 PM
Overall Posts Rated:
22
LOL - NO

The seller is not part of the final sale price of that player, the input of the seller should finish at the point he places the guy on the market.

And if Buy Back is to be allowed, this be seperate from the bidding on a player!!

This Post:
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152363.83 in reply to 152363.81
Date: 8/1/2010 12:54:13 PM
Overall Posts Rated:
522522
hahaha if that was the case I would be screwed :D

This Post:
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152363.84 in reply to 152363.82
Date: 8/1/2010 3:05:57 PM
Overall Posts Rated:
102102
Should sellers not be allowed to advertise then if putting a player up for sale is the end of their contribution? Plus, an advertisement adds exposure to the player which I'm guessing would also increase the price.

Also, you said that the market has to come up with the value for the player (not exact quote). If sellers can't bid, then they can't contribute to the value of a player. If they can't contribute to the value of the player, then are they still part of the market?

Sorry I only have a Bachelor's (no PhD) in the medical field so I need more explanation.

Last edited by kLepTo at 8/1/2010 4:03:08 PM

This Post:
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152363.85 in reply to 152363.84
Date: 8/2/2010 12:26:04 PM
Overall Posts Rated:
22

Should sellers not be allowed to advertise then if putting a player up for sale is the end of their contribution? Plus, an advertisement adds exposure to the player which I'm guessing would also increase the price.

No, this action is fine , becuase it is upfront , honest and causes no harm to a buying team, its simple advertisement, there is no link to underhand bidding to falsly gain more money by hicking the bid.

Also, you said that the market has to come up with the value for the player (not exact quote). If sellers can't bid, then they can't contribute to the value of a player. If they can't contribute to the value of the player, then are they still part of the market?

NO, I said this is just an idea, the rest of your sentence, I am unsure of the point of it. The issue is the action of underhand bidding to gain more money in a dishonest fashion, not these symantics and quips that are off the main point.

This is going around in circles, I am happy to leave this debate now, its dragging on abit!!!! You seemto be wanting to focus on areas that have no relevance to the actual issue. No system is perfect, but some are less perfect than others1!

This Post:
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152363.87 in reply to 152363.86
Date: 8/2/2010 5:53:43 PM
Overall Posts Rated:
00
I could continue to argue back every point, but its obvious that we aren't going to achieve much. So we will all continue to agree to disagree.


This Post:
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152363.88 in reply to 152363.86
Date: 8/3/2010 12:12:59 AM
Overall Posts Rated:
196196
I already said its an auction, so no need to repeat that. Game Theory is most widely used in Economics (check Wiki again), and as far as this problem is concerned it has everything to do with economics.
First derivatives, constrained optimization, logarithms, and integration, to name a few, are also "most widely used in Economics", but are mathematical concepts.

For your information I am currently doing a PhD in Game Theory, at an Economics department.
Good for you. Unfortunately, you still have a lot to learn, since your post here fails to offer adequate support for your point of view.

Bidding on your own player disrupts a fully functional market, because if the owner has bid on his own player you are not truly paying the market price.
The market is not "fully functional". As set up, it is distorted from time zone constraints, cash flow constraints, and server uptime issues. Not that this concerns the issue in question in any way.

Furthermore, the statement that "you are not really paying the market price" needs to be explained better (hint: you will have to do better in peer-reviewed papers).

Assume there is a bid of X dollars on a player. This either is, or is not the true market price (or the true market price +1, if you wish). The owner of this player places a new bid. If X was the true market price, then no other user will bid, resulting in the owner buying back his player. If X weren't the true market price, someone will overbid.

In this sense, it doesn't even matter who has placed the last bid, unless it is the rare case of a truly unique player. But then again, those players, by definition, will not have a clearly defined market price.

But isn't this game supposed to be beginner friendly? How is a new player supposed to know what is the right price if it can be easily manipulated?
Players do not exist in vacuum. They exist on the transfer market with thousands of other players. We all determine the right price by comparing the going rate of a player with the going rate of other similar players. Some managers are better in this than others, and this will be true regardless of whether or not bids by owner are allowed.

But this doesnt only concern new managers. How many times has it happened that someone doesn't notice that the actual bidder is the owner, or maybe didnt even know that the owner can bid on his own player so never cared who is bidding? (I myself learned very recently)?
A user's willingness to pay is not affected by who is bidding on the player.


Many of you defending this issue said that only an IDIOT will bid on if the owner is bumping the price too high! But lets face it, just like in the real world, I am sure there are quite a few "idiots" (as you called them) playing this game as well. So what is this game, trying to achieve... force them to quit the game within a month because the market can be easily manipulated and they spent all their money on a 18 yo announcer. With a perfect market this can not (or very rarely) happen... but with the current situation all you need is one sleazy owner + 1 idiot.
There is no use in trying to charge the issue emotionally. It doesn't strengthen your argument. Owners who bid on their players are not "sleazy", and users who buy such players regardless are not "idiots". Both respond to simple incentives.

As far as I know these unreal prices due to sleazy owners + idiots, beginners, people not careful enough, people not informed enough... (I probably listed more than half of the population) actually drive the Transfer Price Estimate up for all the similar players... which in turn tricks the other half of the population.
Actually, I haven't noticed anything remotely similar to what you're describing.


Stop the clock; 13:13 on 3rd August, 2010.

5 Ball Post

Now close the thread!

This Post:
00
152363.89 in reply to 152363.88
Date: 8/3/2010 12:14:15 AM
Overall Posts Rated:
196196
Sorry - that will have to wait.. apparently I cant rate you more than once every 12 hours....

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