Subject:
|
Re: Proxy ratcheting: How do auction systems work?
|
Newsgroups:
|
lugnet.market.auction
|
Date:
|
Thu, 22 Apr 1999 01:40:18 GMT
|
Viewed:
|
1132 times
|
| |
|
|
On Wed, 21 Apr 1999 21:11:53 GMT, "James Brown"
<galliard@shades-of-night.com> wrote:
> I recently saved a huge amount of time and effort by using firm bids in MA10.
> Another bidder and I spent about a week dickering back and forth over a lot at
> $.10 and $.15 increments - until the other bidder did a hard bid, jumping the
> price $2.00. I responded in kind, (back and forth a bit) and about 3 weeks of
> bidding war was dealt with in a day and a half.
It also helps to be able to send messages to other bidders. A polite
"there is no way o God's green Earth you are getting XXXXXX away from me"
goes a long way. I've heard of less-polite messages, but I really wouldn't
know about those. Sometimes deals can even be worked out--"leave me alone
on X, and I'll stop bidding on Y".
But a good, strong hard-bid early in the process is very effective.
Steve
|
|
Message has 2 Replies:
 | | Re: Proxy ratcheting: How do auction systems work?
|
| 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 minus X pieces from the last lot", you only need X or less, so (...) (26 years ago, 22-Apr-99, to lugnet.market.auction)
|
Message is in Reply To:
| | Re: Proxy ratcheting: How do auction systems work?
|
| (...) I don't know about other people, but I tend to go into an auction (more often a parts auction than an auction server, but the principle still applies) with two things. A maximum budget, and a list of things I want. so if I'm looking at A and (...) (26 years ago, 21-Apr-99, to lugnet.market.auction)
|
96 Messages in This Thread:
 
 
- Entire Thread on One Page:
- Nested:
All | Brief | Compact | Dots
Linear:
All | Brief | Compact
This Message and its Replies on One Page:
- Nested:
All | Brief | Compact | Dots
Linear:
All | Brief | Compact
|
|
|
|
