eric, those great and amazing deals always come from zero post newbies...
i wonder why....
i have no idea too .. but now i'm wonderin who have just bought it
May I venture that people who are experienced and "educated" in the guitar marketplace, their choices and decisions are not rational in the same way as those who seldom interact with the market.
For e.g.
Person A does not know market values - he knows how much he enjoys his guitar, and how much he will enjoy the liquidity gained from selling his guitar, thus he sells his guitar for $X, which is what he thinks it's worth (rationally).
Person B has some knowledge of market values, and thus his valuation of his guitar's worth is not just how much utility he obtains from it, or how much utility he can gain from liquidating his guitar, but is also influenced by how much the market is willing to pay for it.
Now, this is pretty much common sense - so there's nothing really surprising. What is really intriguing is this:
http://www.psychologytoday.com/blog...-studying-economics-hurt-ethical-inclinations
(which isn't the only extant study on how studying economics hurts ethics, and cooperative behaviour in game theory stuff, etc.)
So I propose also, that as Singaporeans get more economically literate and experienced, our decision-making matrices change as well, so that we are less ethical and less cooperative (in the game theory sense). Now - this idea IS disturbing, isn't it? And what we're seeing on the forum is also because Singaporeans (and people living in Singapore) are becoming more conscious of economic concepts, and figuring them into their decision-making.
It's a bad thing in my book (people feel less responsible for intangibles and not-so-tangible externalities that are hard to put a value on, e.g. freedom, privacy, pollution, crime, etc), and it promotes NIMBY behaviour. And though some say it might be good in the global market-place too (makes us more cut-throat), it might be bad too (because ultimately cooperation rewards people more than defection, in the long run c.f. Nowak's "Super Cooperators").
Just some of my lay-man ruminations percolating through to SOFT. (i.e. I'm no expert! So pardon the errors - but I'm open to learning if people wish to respond. :-] )
