 | | Re: Mechanics of proxy bidding?
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| (...) Yep, I should have been more clear about that: I am seeking to emulate the behavior of the AucZILLA software as closely as possible. So that means that proxy bidding will usually raise the price above the competing bid, not just match it. (...) (25 years ago, 30-Oct-99, to lugnet.market.theory)
| | | | | Re: Mechanics of proxy bidding?
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| (...) It seems to me that if the assumption of how the proxy works is that a proxy will be raised to exceed any newer bid, then ALL proxy bids should be raised to at least that level, not just whichever proxy bid happens to be the one the step by (...) (25 years ago, 1-Nov-99, to lugnet.market.theory)
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