ebay question

From: David V. Corbin <dvcorbin_at_optonline.net>
Date: Tue Feb 24 19:44:29 2004

 Alas, eBay does NOT mimic a decent "real-life" auction. There are many
strategies. I agree that holding off on bidding (and even using a bidding
"robot") is one of the most effective, but it is not the only one. Placing
an early bid can also have a dramatic impact. There are a number of items I
do NOT bid on because I see another specific person has logged a bid, and I
do not want a bidding war (at this stage he can probably make better use of
individual parts than I). Other times I will place a bid for 70%-90% of my
"limit" early. If other people see a significant bid early on, they my not

All said and done it is a "Game" in the strictest mathematical sense.

Personally, I wish that the auction would be more like a real world one
where the auction ended (after a suitable startup delay) when not bids had
been placed for a specific interval (30 minutes?). This would more
accurately reflect a "real world" open auction. IMsnHO.....

>>> -----Original Message-----
>>> From: cctalk-bounces_at_classiccmp.org
>>> [mailto:cctalk-bounces_at_classiccmp.org] On Behalf Of Teo Zenios
>>> Sent: Tuesday, February 24, 2004 7:57 PM
>>> To: General Discussion: On-Topic and Off-Topic Posts
>>> Subject: Re: ebay question
>>> ----- Original Message -----
>>> From: "Fred Cisin" <cisin_at_xenosoft.com>
>>> To: "General Discussion: On-Topic and Off-Topic Posts"
>>> <cctalk_at_classiccmp.org>
>>> Sent: Tuesday, February 24, 2004 7:44 PM
>>> Subject: Re: ebay question
>>> > > I'm bidding on an item, and I'm pretty sure the seller
>>> has another (0
>>> > > feedback) account and is bidding up the price. I don't
>>> see any spot on
>>> ebays
>>> > > website where I can raise this issue. Is there someone
>>> I can bring this
>>> > > issue to there? Anyone have any thoughts on this?
>>> >
>>> > If it is, instead, a "friend" of his, then there is no
>>> resourse, since
>>> > THAT would be legal.
>>> >
>>> >
>>> To be honest your better off not bidding until the last
>>> minute of the
>>> auction to avoid shills and other people bidding an item
>>> up. I know what I
>>> am willing to pay for an item and once that line is crossed
>>> I don't bid
>>> anymore, if the seller wants to have a friend bid it up
>>> then he is most
>>> likely going to be relisting it.
Received on Tue Feb 24 2004 - 19:44:29 GMT

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