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Subject: 
Re: Proxy ratcheting: How do auction systems work?
Newsgroups: 
lugnet.market.auction
Date: 
Mon, 19 Apr 1999 23:08:02 GMT
Reply-To: 
lpien@/nospam/IWANTNOSPAM.ctp.com
Viewed: 
862 times
  
Todd Lehman wrote:

AucZILLA gives priority to the earlier of two equal bids, regardless of
automatic increments.  It would go to A for 13, not to B for 13.

Good. (note that this is clearer than your first statement "AucZILLA
works the 'correct'<emphasis mine> way" :-) )

I was getting myself into a panic for nothing, I must have been
misreading the results I was examining.

What about Derick's example, scenario 3? Does B get it in the AucZILLA
case?

Derick: did you guys try actually testing eBay behaviour? Using a very
obscure item that no one could want, and a 1 day auction, you could test
eBay to see if indeed it did scenario 3 the same way you planned it.
Just curious.


--
Larry Pieniazek    http://my.voyager.net/lar
FDIC Know your Customer is wounded, thanks to you, but not dead...
See http://www.defendyourprivacy.com for details
For me: No voyager e-mail please. All snail-mail to Ada, please.
- Posting Binaries to RTL causes flamage... Don't do it, please.
- Stick to the facts when posting about others, please.
- This is a family newsgroup, thanks.



Message has 2 Replies:
  Re: Proxy ratcheting: How do auction systems work?
 
(...) No, that was my second statement -- <grin> -- it was posted two minutes after the first one, quoted above. (...) It's especially tricky sometimes to read what's going on when there are multiple identical copies of lots. (...) A keeps it under (...) (26 years ago, 20-Apr-99, to lugnet.market.auction)
  Re: Proxy ratcheting: How do auction systems work?
 
(...) Here's a couple items from eBay's FAQ for bidders that should clear up how eBay proxy bidding works. The second one clears up scenario 3. Rob ----- Excerpted from: (URL) I bid against myself, and yet the bid increased. Why? A. Normally a (...) (26 years ago, 20-Apr-99, to lugnet.market.auction)

Message is in Reply To:
  Re: Proxy ratcheting: How do auction systems work?
 
(...) In the AucZILLA system, the lot is awarded to A (not B) for 13, because A's bid of 13 came in first. (...) Yes. (...) AucZILLA gives priority to the earlier of two equal bids, regardless of automatic increments. It would go to A for 13, not to (...) (26 years ago, 19-Apr-99, to lugnet.market.auction)

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