Subject:
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Re: Proxy ratcheting: How do auction systems work?
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Newsgroups:
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lugnet.market.auction
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Date:
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Tue, 20 Apr 1999 18:00:40 GMT
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Reply-To:
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LPIEN@IWANTNOSPAM.CTP.COMstopspam
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Viewed:
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Todd Lehman wrote:
>
> In lugnet.market.auction, simon.robinson@sdxplc.com (Simon Robinson) writes:
> > Apart from a few replies that have indicated AUCZilla and possibly
> > others don't work, [...]
>
> Any indications that AucZILLA doesn't work correctly have been incorrect.
Not to split hairs, here, because now that I'm reassured that AucZILLA
works the way it does, I like the way it works... but isn't "correct" a
bit of a stretch? I'd say an auction system is working "correctly" if
the rules it claims to implement are consistent, and if it actually
implements them faithfully.
I'd grant you that AucZILLA is correct under that assumption, but I'm
not sure I'd go so far as to agree with your characterization of eBay as
"broken".
Quoting from your reply to Rob Farver:
> Rob said
> > If that's the case then this
> > differs from how eBay handles this. In eBay's case, you have to beat the
> > current bid by a minimum increment, not the proxy.
> That's broken.
I don't like that behaviour. But it's not "broken" if the rules say
that's the way it will work and if it actually works that way.
See what I'm getting on about, or am I actually splitting hairs?
AucZILLA is "better" to me than eBay because I prefer the behaviour, but
eBay is not "broken" (except in the hacker sense of the word's meaning).
I'd say eBay behaviour is more of a misfeature. (unless eBay rules or
helps claim it does something different)
--
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.
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Message has 2 Replies:
 | | Re: Proxy ratcheting: How do auction systems work?
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| (...) I don't know if you're splitting hairs, but splitting hairs is probably a good thing in this case. :I This whole area/topic (auction theory) is something that I'm extremely opinionated[1] about -- and not afraid to show it, even at the risk of (...) (26 years ago, 21-Apr-99, to lugnet.market.auction)
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Message is in Reply To:
| | Re: Proxy ratcheting: How do auction systems work?
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| (...) Any indications that AucZILLA doesn't work correctly have been incorrect. (...) What do you mean by "this way" and by "that sort of algorithm"? By "computationally inefficient" do you mean 1/1000 second versus 1/10000 second to process a bid? (...) (26 years ago, 20-Apr-99, to lugnet.market.auction)
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