18 Oct
1999
18 Oct
'99
1:27 p.m.
Megan wrote:
[stuff deleted]
The reason sniping is done is to get a bid in such
that the others
bidding don't have a chance to get in another bid. If the auction
was extended by as litle as five minutes beyond the last top bid,
you wouldn't stop sniping, but you would prevent people from playing
the game just mentioned... there would always (so long as you were
at a terminal) be time to bid again.
A more interesting approach would be to simply introduce uncertainty
on the order of plus or minus some number of minutes into the
auction end time. That would at least make sniping a bit more
sporting ;-)
Still not too sure what this thread has to do with boatanchors...
Best,
Chris
--
Chris Kennedy Commercial ASMEL/Instrument, AGI
chris(a)mainecoon.com
http://www.mainecoon.com
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