On Wed, 21 Apr 1999, Bill Yakowenko wrote:
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?
Good thinking. Make it so, Number One!
Sellam Alternate e-mail: dastar(a)siconic.com
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