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<p>[QUOTE=&quot;rick, post: 20289, member: 1235&quot;]I read through this thread, and I have to say that I always find this an interesting subject.&nbsp; I also appreciate the &#039;invisible hand&#039; being brought up early on, because I find that to be a very relevant point.&nbsp; That said, I don&#039;t know if it will drive the online auctions to excellence - in fact, I think it will not.&nbsp; People want bargains, and with bargains comes a level of risk that excludes the possibility of excellence on a consitant level... in effect, those people that go to ebay for bargains, would, in that sort of environment, be pressed out by those people who are paying a premium for that assurance... eventually, they would seek alternative resources, and ebay would be in the same boat it seems to create for dealers, today.</p><p><br /></p><p>It seems that ebay is a shining example of the relationship between risk and reward.&nbsp; In order to gain a better price structure, people seem accept a level of risk that is inherent in that process - I think they even expect it.[/QUOTE]</p><p><br /></p>

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