Subject:
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Re: Proxy bidding mechanics questions...
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Newsgroups:
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lugnet.market.theory
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Date:
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Thu, 7 Oct 1999 00:38:54 GMT
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Viewed:
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467 times
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Tom Stangl <toms@netscape.com> wrote:
> This is what I see as a flaw in several of the auction scripts out there. If
> the opening bid is $1.00, then I bid on it, dammit I should be able to bid
> *$1.00*, not $1.10. It's annoying, I hope most of the people running the
> scripts fix it. You aren't bidding against anyone as the first bidder, so you
> should be entered at the OPENING price, not one increment above it.
I hear you and I understand where you're coming from, especially
since EveryAuction works this way, so that means both JABA and
BRICKS do as well. But really, what's the big deal? If I want
something to open at $1.00 I start it at $0.90 with a dime
increment. If I want it to open at $12.00 with a 50 cent increment
I start it at $11.50.
As long as the seller plans his "starting" bids with the "flaw" in
mind you still end up paying the same as if you could actually make
a bid AT the opening bid listed on the web page.
--
The parts you want and nothing else?
http://jaba.dtrh.com/ - Just Another Brick Auction
Why pay eBay? Run your own LEGO auctions for free!
http://www.guarded-inn.com/bricks/
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Message has 1 Reply:
 | | Re: Proxy bidding mechanics questions...
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| It's a perception flaw though - from the buyer's perspective, it rankles that you're already "paying more than you should have to". And once I'm a seller on BRICKS, it's going to annoy me to have to remember to lower all the opening bids ;-) (...) | (...) (25 years ago, 7-Oct-99, to lugnet.market.theory)
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Message is in Reply To:
| | Re: Proxy bidding mechanics questions...
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| (...) This is what I see as a flaw in several of the auction scripts out there. If the opening bid is $1.00, then I bid on it, dammit I should be able to bid *$1.00*, not $1.10. It's annoying, I hope most of the people running the scripts fix it. (...) (25 years ago, 7-Oct-99, to lugnet.market.theory)
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