| | Re: Proxy ratcheting: How do auction systems work?
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(...) Apparently screwed by the other bidder, but actually screwed by the broken auction system. (...) It is correct to blame the auction system. Humans in general will by their nature do whatever they can to work any system to their personal (...) (26 years ago, 21-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) if (...) their (...) any (...) Yes, but, psychologiaclly, this could be detrimental for the bidder, in that people may bid too much, thinking they can always change later. Not having such an option, people must give greater consideration to (...) (26 years ago, 21-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) It can only reward someone for delaying if they knew that you had dropped your bid, which they wouldn't know. Also, consider the case when you raise your proxy max rather than leaving it where it is. --Todd (26 years ago, 21-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) Yea, brother! --Todd (26 years ago, 21-Apr-99, to lugnet.market.auction)
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| | [Auction] 1977-1984 sets update April 21th 1999
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Advances are on-going. First sets will go to sold in 2 days, unless news bids are received :) Open sets ---...--- Set Name Bid Bidder 210 Cowboys (US set# 198) 5 Rufus G2 214 Road repair 6 Rufus G2 231 Hospital 50 Pat G2 256 Police officers and (...) (26 years ago, 21-Apr-99, to lugnet.market.auction)
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