21 Apr
1999
21 Apr
'99
9:20 a.m.
I just had an idea. One of the things pushing up
e-bay prices
is the publication of the high bids of past auctions. The logic
for sellers is something like, since the previous one sold for
this much, I should expect at least as much for this one.
What if we kept (and publicized) a record of asking
prices for
the things that did *not* sell? Maybe buyers would look at that,
and use similar logic to avoid bidding any higher than that?
There are still to things to consider
a) the buyer - if the buyer is willing to pay, nobody can stop him
b) the seller - if you present a seller 10 low prices and 1 high, he
still goes for the higher one - man is an optimistic creature :9
Gruss
H.
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Ich denke, also bin ich, also gut
HRK