On Sat, 08 Apr 2006 11:08:06 +0100, Derby Chang <[EMAIL PROTECTED]> wrote:

Cotty wrote:
<http://cgi.ebay.co.uk/2-Solid-Pine-Doors_W0QQitemZ6049851238>




Cheers,
  Cotty


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||   (O)   |     People, Places, Pastiche
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I wish it was a worldwide auction. I'd bid, just to reaffirm good ebay behaviour.

I had this interesting discussion the other week about ebay. Bidding (and winning) in good faith for an ebay auction (and I presume selling as well) has to be an overall economic benefit above and beyond the immediate goods/service gained, because it makes other people trust the "system" with each successful auction. It must add to the social capital. So even if you are burned once in a while, giving up on the trust altogether has a lot more bad implications than just saving oneself from the odd dodgy brother.

Now how can this be shoehorned into MBA business practices???

Integrity, social capital, and love for your fellow man has nothing to do with MBA business practices, sadly. There, the short term rules. Darwin on rocket fuel. Eat lunch, or be lunch.

John


D




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