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Rambam - Malveh veLoveh - Chapter 9 paskens

א. אין פוסקין על הפירות עד שיצא השער An order for produce cannot be placed until a market price has been established.

according to the mishnah in Baba Mezi'a 72b.

In the time of the gemoro, how would the parties to a sale know that the market price was established?

  • It sounds like a Walrasian auction. – rosenjcb Aug 10 '14 at 21:24
  • Fmv............ – sam Aug 11 '14 at 1:13

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