To LUGNET HomepageTo LUGNET News HomepageTo LUGNET Guide Homepage
 Help on Searching
 
Post new message to lugnet.market.theoryOpen lugnet.market.theory in your NNTP NewsreaderTo LUGNET News Traffic PageSign In (Members)
 Marketplace / Theory / 108
107  |  109
Subject: 
Re: Defeating eBay sniping?
Newsgroups: 
lugnet.market.theory
Date: 
Tue, 15 Jun 1999 23:25:46 GMT
Viewed: 
570 times
  
Larry Pieniazek wrote:

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!

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)?

"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
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.

--
Frank Filz

-----------------------------
Work: mailto:ffilz@us.ibm.com
Home: mailto:ffilz@mindspring.com



Message has 2 Replies:
  Re: Defeating eBay sniping?
 
Frank Filz wrote in message <3766E0FA.51A5@minds...ng.com>... (...) I think that was me. The following is taken from "Listing Policies" ((URL) interpretation of the eBay User Agreement ((URL) - David ---begin excerpt--- Listing Techniques that (...) (25 years ago, 16-Jun-99, to lugnet.market.theory)
  Re: Defeating eBay sniping?
 
Frank Filz wrote in message <3766E0FA.51A5@minds...ng.com>... (...) for the time being its at: (URL) Have fun! John ( ig88888888@stlnet.com ) remove NOSPAM: John's Lego Web Trade Page: (URL) wp,dm,rk,df++ fk-]++++(6035) SW,TR,old(456)+++ TO++ PI,SP+ (...) (25 years ago, 16-Jun-99, to lugnet.market.theory)

Message is in Reply To:
  Re: Defeating eBay sniping?
 
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? (...) (25 years ago, 15-Jun-99, to lugnet.market.theory)

10 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
    

Custom Search

©2005 LUGNET. All rights reserved. - hosted by steinbruch.info GbR