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Subject: 
Re: [DISC] Shortcircuit eBay?
Newsgroups: 
lugnet.market.auction
Date: 
Tue, 27 Apr 1999 23:34:14 GMT
Viewed: 
683 times
  
Don't, please.  If this is your last post, then discussion stops, and • people
start posting auction announcements here again <duck and cover> ;-)

Here is an argument (of mine) pulled from a previous thread.  It shows one • (of
many) of the problems with fixed-end auctions.

"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 B, and have a maximum of $20.00, there's a huge variety of prices
that can apply.  Most of the options open to me involve being able to
reconsider either lot when I get outbid.  If I go with your logic above, I • bid
$10 on each, and leave it.  What if A goes for $12 and B goes for $3?  I've
only got 1 lot that I wanted, and I still had budget available.  If I was • able
to re-evaulate each time I got outbid (i.e. not a snipe-able system), I • could
keep bidding on lot A for another 5 bucks.
I know there's some holes in the logic, but the point is there.  I usually
know how much I'm willing to spend on something, but I can't very readily
predict how much I _can_ spend on something.  Does that make sense?"

I understand the dilemma, but just because you may want 2 different items
and have a fixed maximum, and I only want one and have the same amount to
spend, doesn't mean e-bay is bad, or I am the bad guy. I have a few sets I
am looking for, and may be willing to spend all my $$ on one lot.

I fully simpathize with your situation, and I have been there! I just do not
think that an auction is the place for that situation. One must prioritize!

For instance, using your example, you went to a store and found 2 Lego sets
you wanted. You only had enough $ for one. You have to make a decision on
which to buy. A day later, you come back and the other set is gone. Do you
blame the store?? You had to decide.

Although not an auction, I still think that the responsibility is yours to
decide what you want at the moment. If the TRUE frustration is that the
prices for what you want is too high, or you do not have enough cash to
purchase both sets, I do not see how you can blame the auction!

Thanks for your reply..

Eric



Message has 2 Replies:
  Re: [DISC] Shortcircuit eBay?
 
(...) I never claimed other bidders (or you) were the bad buy. Nor does this example by itself, I admit, make e-bay bad(1). It does, however, illustrate a flaw in a fixed-ending auction, in that it means a buyer goes away unhappy, and with money (...) (25 years ago, 28-Apr-99, to lugnet.market.auction)
  Re: [DISC] Shortcircuit eBay?
 
(...) It's a very common thing. (...) You're dreaming! Why should people be forced to do this? Bidding on multiple things in multiple auctions on a tight budget is the norm, not the exception. (...) The set at the store wasn't going to go away if it (...) (25 years ago, 29-Apr-99, to lugnet.market.auction)

Message is in Reply To:
  Re: [DISC] Shortcircuit eBay?
 
(...) Don't, please. If this is your last post, then discussion stops, and people start posting auction announcements here again <duck and cover> ;-) (...) Here is an argument (of mine) pulled from a previous thread. It shows one (of many) of the (...) (25 years ago, 27-Apr-99, to lugnet.market.auction)

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