Subject:
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why eBay proxy bidding is broken
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Newsgroups:
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lugnet.market.theory
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Date:
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Fri, 8 Oct 1999 15:10:49 GMT
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Reply-To:
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lpieniazek@novera.comSPAMCAKE
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Viewed:
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343 times
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A recent auction result:
ebart3 (0)
Last bid at: $50.01
Date of bid: 10/05/99, 17:52:29 PDT
pmfoster (10)
Last bid at: $50.00
Date of bid: 09/30/99, 15:31:52 PDT
At this price level the bump is a buck. There is NO WAY ebart3 should
have gotten this item for one cent more, he should have had to go to 51.
IMHO.
--
Larry Pieniazek larryp@novera.com http://my.voyager.net/lar
- - - Web Application Integration! http://www.novera.com
fund Lugnet(tm): http://www.ebates.com/ ref: lar, 1/2 $$ to lugnet.
NOTE: Soon to be lpieniazek@tsisoft.com :-)
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Message has 1 Reply:
 | | Re: why eBay proxy bidding is broken
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| (...) Now I am no fan of Ebay but here is one possible scenario as to how this could have happened... 1. Opening bid on box of 20 widgets = $30 2. On 9/30 pmfoster bids $50 but because of proxy bidding price is set at $30. 3. On 10/5 ebart3 comes in (...) (25 years ago, 8-Oct-99, to lugnet.market.theory)
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