Subject:
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Re: Defeating eBay sniping?
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Newsgroups:
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lugnet.market.theory
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Date:
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Tue, 15 Jun 1999 22:49:42 GMT
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Reply-To:
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lpien@ctp(ihatespam).IWANTNOSPAM.com
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Viewed:
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428 times
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That's an interesting approach! So far, all the tweaks have been around
the rules or endtimes, etc... manipulating the price seems a direct
incentive. Why not even apply some non linear function to really ratchet
the price up at the very end? (perhaps by stating that it's built into
the shipping that you pay actual shipping plus a handling charge that is
proportional to the inverse of the time remaining when you placed your
first bid, or second to last bid, or something)
Clever!
"Christopher L. Weeks" wrote:
>
> A solution that I don't recall being discussed, but that I've been
> mulling over is to use eBay, but have the final price calculated thus:
>
> p = wb * (1 - (dfe * v)) + shipping
>
> where:
> p is the price
> wb is the winning bid
> dfe is # of Days From the End of the auction when the bid was placed
> v is some variable (I'm leaning toward .03)
>
> This would encourage/reward fire-and-forget bidding allowing the
> earliest bidders to "up" their bids by 21% (for a seven day auction)
> over their 'real' value limit. It's not a sure-fire cure to sniping,
> but it give a strong advantage to the early bird.
>
> I would be keen to hear any comments you might have.
>
> --
> Sincerely,
>
> Christopher L. Weeks
> central Missouri, USA
--
Larry Pieniazek http://my.voyager.net/lar
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Message has 1 Reply:
 | | Re: Defeating eBay sniping?
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| (...) Didn't someone mention that eBay rules (incidentally, where can there "fine print" be found - I've looked) forbid excessive shipping charges (because they don't get their commission)? (...) (25 years ago, 15-Jun-99, to lugnet.market.theory)
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Message is in Reply To:
| | Defeating eBay sniping?
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| Hi all, I have run four big (at least they've been a lot of work) parts auctions so far and I'm gearing up for another. Each time, I've varied the format of the auction, how I've sorted, mailed, etc. This time I'm considering eBay as a less-work (...) (25 years ago, 15-Jun-99, to lugnet.market.theory)
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