15 May
2005
15 May
'05
2:52 p.m.
On Sun, 15 May 2005, Bob Lafleur wrote:
Right. This is exactly what I used to say ad nauseum. It is the very
reason sniping is still around. It helps eBay in that it uses human
psychology in their favor (oh, and by the way, the side effect is that it
results in INFLATED PRICES).
(I don't want any arguments. It's a fact. Go do something useful instead
of replying to this message ;)
--
Sellam Ismail Vintage Computer Festival
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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".