Subject:
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Re: Fool's Question
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Newsgroups:
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lugnet.market.theory
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Date:
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Wed, 16 Jun 1999 04:12:20 GMT
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Viewed:
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542 times
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David Zorn wrote:
> Why do sellers on Ebay care if there is sniping?
Possibly, because they think it may reduce the prices they can realize on
their sales. Potential buyers might be more likely to bid (or bid higher)
if they aren't worried about being sniped, or they might bid higher simply
out of appreciation for the seller's effort to fight sniping. The same can
be said of reserve prices -- it's not clear whether they increase or
decrease the ultimate sale price of an item. Some bidders keep bidding
incrementally higher amounts until they see that they have reached the
reserve price, but others boycott reserve auctions entirely.
- David
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Message is in Reply To:
 | | Fool's Question
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| Alright. I know that lots of people have super-strong opinions about this issue. The question I'm about to ask is not a challenge. I honestly don't know the answer. Flame if you want. But an helpful answer might convert me to your opinion. Why do (...) (25 years ago, 16-Jun-99, to lugnet.market.theory)
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