Timeline for Antonym of "low-ball" as price
Current License: CC BY-SA 3.0
9 events
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Aug 24, 2014 at 20:02 | comment | added | rmp251 | I see. I guess there are two types of situations to consider. One is a public auction, where other bidders are present, in which case lowballing and highballing are strategies for a potential buyer, and gouging isn't applicable. The other is when dealing with one-on-one negotiations, like bargaining. In that case, lowballing is a buyer strategy, and gouging is a seller strategy, and highballing doesn't really apply. | |
Aug 24, 2014 at 4:16 | comment | added | Jim | Perhaps when they want to discourage everyone else from even attempting to bid. Maybe I want to buy a house. I know others are interested as well so I make an offer at more than asking price. | |
Aug 24, 2014 at 2:13 | comment | added | rmp251 | Okay. But low-balling implies deliberate underbidding. When would one ever deliberately overbid? | |
Aug 24, 2014 at 2:08 | history | edited | rmp251 | CC BY-SA 3.0 |
Added a reference
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Aug 24, 2014 at 1:37 | comment | added | Jim | When someone low-balls it means that they bid much less than the generally accepted fair market price. That is, the buyer is the one doing the low-balling. The opposite, therefore, must be when the buyer overbids. | |
Aug 23, 2014 at 20:06 | comment | added | Neeku | Thanks for your answer. Please remember to include a reference to your answers to make them more reliable. (: | |
S Aug 23, 2014 at 19:46 | review | Low quality posts | |||
Aug 24, 2014 at 1:38 | |||||
S Aug 23, 2014 at 19:46 | review | Late answers | |||
Aug 23, 2014 at 20:06 | |||||
Aug 23, 2014 at 19:28 | history | answered | rmp251 | CC BY-SA 3.0 |