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Subject: 
Re: Defeating eBay sniping?
Newsgroups: 
lugnet.market.theory
Date: 
Tue, 15 Jun 1999 23:25:46 GMT
Viewed: 
2233 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 (...) (27 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+ (...) (27 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? (...) (27 years ago, 15-Jun-99, to lugnet.market.theory)

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