Subject:
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Re: Bid retractions (was Re: eBay dead again)
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Newsgroups:
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lugnet.market.theory
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Date:
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Thu, 23 Mar 2000 21:05:13 GMT
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Viewed:
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2047 times
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Todd Lehman wrote:
>
> In lugnet.market.theory, Frank Filz writes:
> > > > Auction ends, seller rakes in the dough, and the buyer is probably
> > > > naively happy, thinking that they beat out someone else and not
> > > > realizing that they paid more than they probably would have if the
> > > > seller hadn't intervened...
> > >
> > > Wow, that's totally nasty. Great example! Can that sort of thing happen
> > > on eBay as it is now, BTW?
> >
> > Yep. It's also grounds for closing your account if you get caught.
>
> So there are probably a lot of dishonest sellers out there doing this and not
> getting caught...? How does eBay "catch" someone?
I doubt there's many people doing this. It's not impossible to catch
someone. All bid retractions and cancelations are recorded in the bid
history for the auction. A user's bid profile shows the number of bid
retractions in the past 7 days, past month, and past 6 months. You can
request the e-mail address and postal address information for a user. If
you get their postal address, they will be given yours also so you can't
do this secretly. If you suspect it has happened, you can contact eBay,
and theoretically they will investigate. One hint also is that shill
bidders tend to have low feedback ratings.
--
Frank Filz
-----------------------------
Work: mailto:ffilz@us.ibm.com (business only please)
Home: mailto:ffilz@mindspring.com
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