Janet Asteroff
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- jastro: Haitian Orphans Have Little but One Another - http://nyti.ms/avrhLv - Worth the read for all of us July 6, 2010
- jastro: RT @carterlusher: Intel's Andy Grove on why startups/Silicon Valley are bad at creating US jobs http://bit.ly/b0gQFz - Worth reading July 4, 2010
- jastro: RT @ebertchicago: The tragedy of the Me Generation is that it was born too soon to use Facebook in adolescence. - Very well said! June 16, 2010
- jastro: Joan Rivers: Can She Talk!: http://www.cbsnews.com/video/watch/?id=6554284n - Great interview with a Margaret Meade student June 6, 2010
- jastro: Is Obama the new Woodrow Wilson? June 6, 2010
- jastro: RT @ebertchicago: Amusing to Google "best novel by Charles Dickens" and find every one mentioned by someone or another. June 4, 2010
- jastro: RT @sagenet: http://www.healthymagination.com/ Excellent example of aggregating intelligence around ambition. Data driven + timely comme ... June 4, 2010
- jastro: RT @DaveHamilton: "I don't believe in a lot of things, but I believe in duct tape." #Lost May 23, 2010
- jastro: The Whole System Of Email Is Toxic http://bit.ly/9bBM8I -- Check it out -- it's a good read May 12, 2010
- jastro: Hillary Clinton to replace Justice John Paul Stevens? April 23, 2010
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Online Art Auctions
Published by admin | Filed under Uncategorized
The Economist might explore the idea that a new auction technology can determine how to compensate for the “presence in the room” and measure it in a way that is meaningful for the participants. A new auction system also introduces new variables that change the playing field for in-person and online presences.
- “The psychology of buying at auction still tends to favour the bidder in the room. He or she is part of the audience and can judge more easily whether competing bidders are approaching their limit. That is one reason why Christie’s has been slow to introduce online bidding in its high-end evening sales of contemporary art.”
The world’s biggest saleroom
Nov 26th 2009 The Economist
Auctions are moving online
Now technology has opened up another possibility: online bidding. The auction houses are divided. Matthew Girling, Bonhams’s chief executive for Europe and the Middle East, is against it: “We’re not building an online business.” Sotheby’s has an elegant website that allows customers to browse its catalogues, look at sales figures going back all the way to 1998 and get real-time auction results for several sales at once. But it stops short of letting clients take part in auctions online, except for wine.
http://www.economist.com/specialreports/displaystory.cfm?story_id=14941237
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