[USML Announce] TOeFuKi's School of Trading Etiquette

Brad Jansen bljansen at gmail.com
Mon Aug 3 09:30:33 EDT 2009


Hey do we get any honorarium for answering these?  This is time consuming
and I have a lot of songs to write.

On 8/3/09, jhwinick at aol.com <jhwinick at aol.com> wrote:
>
> The TOeFuKi School of Trading Etiquette is polling the league in an effort
> to identify community norms.  The quesitons are based on purely hypothetical
> situations and any resemblance they may have to real life situations are
> purely coincidental.
>
> We'll start with our first two questions:
>
> #1 - You've gone through a number of rounds of back and forth with another
> team and have arrived at the terms of an deal that you're prepared to accept
> and have told the other team that that is precisely your intention....but
> you let him know that he needs to wait just one more day before you make it
> official.  What do you do:
>
> a.  You consummate the deal.
> b.  You continue to negotiate the terms of the deal with the intention of
> finalizing a deal that is just a little bit better than what you've already
> indicated a willingness to accept.
> c.  You shop the deal around, determine that you can do better and take the
> better deal with another team.  You send the unfortunate first team a nice
> note explaining the circumstances that have led you to take another offer.
> d.  You never really intended to do the deal with the first team and
> enjoyed jerking him around.  You make a deal with another team and never say
> another word to the other guy (i.e. sucker) that you left hanging.
>
> #2 - After being the subject of many feelers from another team, you finally
> reach out to him and advise him that you're interested in making a deal.
> What will you do:
>
> a.  You make a concrete offer that you're prepared to accept.
> b.  You string him along until the last minute, make an offer that you're
> pretty certain he won't accept but are prepared to negotiate downward to
> arrive at a good deal for both teams.
> c.  You only reached out to this team to lead him along, so you make a last
> minute offer, make sure that its one absurdly weighted in your favor so you
> can be pretty certain that he won't accept, but you don't care because you
> never have any intention of standing by the offer even if he accepts it.
> Just to make absolutely certain that you really aggravate him you go into
> radio silence.
> d.  You make a last minute offer solely for purposes of diverting attention
> from the trade that you're negotiating with another team.  Based upon past
> experience you have a sneaking suspicion that this team will let another
> team with whom you're engaged in false trade negotiations know about the
> discussions, thereby enhancing the likelihood of keeping both teams strung
> along.  You allow the only team with whom you were ever engaged in serious
> discussions  announce your trade to guarantee that the other team (i.e.
> sucker) to whom you made the false offer knows that you were just jerking
> him around all along....and all the while maintaining radio silence.
>
> Please vote in the following manner:  Indicate for each of the choices
> whether you would (i) definitely do so; (ii) might do so depending upon the
> circumstances; (iii) never do so, but could understand that other teams
> might; (iv) never do so and wouldn't have any interest in playing in a
> league with someone who would.
>
> Once I have the results of this first round, I'll have a second round of
> questions for your consideration.  Thank you in advance for your helpful
> feedback.
>
> TOeFuKi
>
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