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 Marketplace / Auctions / *1343 (-10)
  Re: Proxy ratcheting: How do auction systems work?
 
(...) Why not lugnet.market.discuss? (or STB lugnet.market.disc? Use appropriate abbreviation here) The topic du jour may be auction philosophies and the best rules to build an auction around, but there are other discussion-type topics which could (...) (25 years ago, 23-Apr-99, to lugnet.market.auction, lugnet.admin.general)
 
  Re: Proxy ratcheting: How do auction systems work?
 
Todd Lehman wrote in message ... :>Therein lies what I beleive to be the ugliness of timed :> auctions - they discourage bidders from revealing information (how they :> value a given lot) until as late as possible. : :Amen to that! : : :> Don't get (...) (25 years ago, 23-Apr-99, to lugnet.market.auction)
 
  Re: Proxy ratcheting: How do auction systems work?
 
Tom Stangl wrote in message <371FAADA.E4CD7369@n...pe.com>... :Messages also help when a bidder is trying to bid on ALL lots of a piece, you only :want ONE, and after the bids get ridiculously high, you find out it's because he :needs "all the lots (...) (25 years ago, 23-Apr-99, to lugnet.market.auction)
 
  Re: ng for auction technologies/theory?
 
(...) I agree that .theory is too narrow. What about market.techniques? To me that would seem to encompass the theory aspect to a certain extent as well as the use of technology. Anyone can discuss tips on what/where/how/when to buy/sell. I had (...) (25 years ago, 23-Apr-99, to lugnet.market.auction, lugnet.admin.general)
 
  Re: Proxy ratcheting: How do auction systems work?
 
(...) I think what ultimately hurts an auction site (or any site, for that matter) is not giving people the features they want. How many IRL auctions have you -ever- heard of that -didn't- allow large bid jumps? The kind of jumps that cause the (...) (25 years ago, 23-Apr-99, to lugnet.market.auction)
 
  Re: Proxy ratcheting: How do auction systems work?
 
(...) If you dislike the feature that much, then you shouldn't support the feature. But it is a very good feature nonetheless, because it helps your bidders accomplish what they want to accomplish. (...) You won't make anything less harmful for (...) (25 years ago, 23-Apr-99, to lugnet.market.auction)
 
  ng for auction technologies/theory?
 
(...) Is that a case in favor of .market.theory or in favor of .market.tech? In my mind, ethical issues fit much more closely with what .market.theory means but not so much with what .market.tech* means, so ethics would be a case in favor (...) (25 years ago, 23-Apr-99, to lugnet.market.auction, lugnet.admin.general)
 
  Glen's Assorted Lego Auction - 4/22 Update
 
*** Many items are now sold. Balance of items will progress every two days until sold if no new bids are received. Can all winning bidders please notify me if you are finished bidding or want to bid on other items so I can let you know the shipping (...) (25 years ago, 23-Apr-99, to lugnet.market.auction)
 
  Re: Proxy ratcheting: How do auction systems work?
 
(...) You can't eliminate Firm Bids, PERIOD. If I wanted a firm bid of X in an auction that didn't allow them, I'd bid a Proxy of X-minincr and X. That's a waste of bidder's time, is it not? I personally use Ebay (and of course at least half of the (...) (25 years ago, 22-Apr-99, to lugnet.market.auction)
 
  Re: Proxy ratcheting: How do auction systems work?
 
(...) OOPS - I jsut did a "McDonald" - just kidding TOM (25 years ago, 22-Apr-99, to lugnet.market.auction, lugnet.admin.general)


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