Subject:
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Re: [DISC] Shortcircuit eBay?
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Newsgroups:
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lugnet.market.auction
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Date:
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Wed, 28 Apr 1999 00:13:08 GMT
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Viewed:
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713 times
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In lugnet.market.auction, Rose Regner writes:
> > 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 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 unspent, a seller gets less for an item than they could have,
and the auction host gets less money, and a buyer out there who is bitching
about them.
> 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.
Not really comparable. In my example, I had enough money to "buy" both, but I
wasn't given the opportunity to. It would be comparable to a store only
allowing you to take 1 item off the shelf in any given day, even though you
want, and can afford 2.
> 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!
But that isn't the frustration! I have enough cash, and the prices aren't too
high, yet the system doesn't give me a chance to get both (in my example).
That is where much of the frustration comes from.
James
http://www.shades-of-night.com/lego/
1: I have other reasons for considering e-bay "bad", this is simply an example
of why it's stupid. :)
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Message has 2 Replies:
 | | Re: [DISC] Shortcircuit eBay?
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| (...) Like the fact that I just this morning received a "daily eBay update" which was two days stale? It listed my auction (which closed two days ago), with an old high-bid? And I still haven't received the auction-closing confirmation e-mail from (...) (25 years ago, 28-Apr-99, to lugnet.market.auction)
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Message is in Reply To:
| | Re: [DISC] Shortcircuit eBay?
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| (...) people (...) (of (...) often (...) with (...) looking (...) bid (...) able (...) could (...) 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 (...) (25 years ago, 27-Apr-99, to lugnet.market.auction)
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