Subject:
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Re: 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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Mon, 18 Oct 1999 18:41:58 GMT
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Viewed:
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429 times
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On Sat, 16 Oct 1999 13:26:20 GMT, Larry Pieniazek <lar@voyager.net> wrote:
> Steve Demlow wrote:
>
> > > 3. Can a bidder raise his/her proxy bid -without- rebidding on the lot?
> >
> > I'd lean toward yes on this as a desirable feature, although with multiple
> > instances of the same lot you then run into the problem of differentiating
> > between a bid on a (potentially) additional instance vs. just raising the
> > proxy bid of a instance (and which instance?) you already have the high bid
> > on. This is a step away from the idea that you are bidding on n out of m
> > lots without differentiating among those lots.
>
> I tend to say no. Part of a proxy is the notion of what TIME it was
> given. If I am at 30, have a proxy for 50 which I then raise to 70, it
> seems to me that the 50-70 part should not be stamped as having the same
> TIME as the earlier 30-50 part.
I tend to say yes, with the proviso that the time-stamp gets updated, so
the bid looks newer. But I wouldn't give this capability a high priority
on the implementation schedule.
Steve
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Message is in Reply To:
 | | Re: why eBay proxy bidding is broken
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| (...) I tend to say no. Part of a proxy is the notion of what TIME it was given. If I am at 30, have a proxy for 50 which I then raise to 70, it seems to me that the 50-70 part should not be stamped as having the same TIME as the earlier 30-50 part. (...) (25 years ago, 16-Oct-99, to lugnet.market.theory)
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