15 May
2005
15 May
'05
6:24 a.m.
I don't mind being out bid. I mind not being able
to big again.
In "theory", you're supposed to put in your absolute maximum the first
time.
So why would you WANT to bid again if you've already put in your highest
bid?
Unfortunately, Ebay's "theory" goes against human nature. What you think is
your maximum bid, when someone else outbids that your brain says "well, if I
could get it for just a little more, I guess I'd be willing to pay that".