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MMD > Archives > March 2005 > 2005.03.22 > 07Prev  Next

Internet Auction Bidding War
By Matthew Caulfield

I suspect that eBay really likes the snipeing aspect of its bidding
system, because it tends to pressure people to put out their maximum
bids early on and put them high.

Snipeing could be made ineffective if eBay used a system that would
hold bidding open for another five minutes or so, whenever a new bid
is received in the last minutes of an auction.  I am told that some
auction sites do just that.

Matthew Caulfield (Irondequoit, N.Y.)

(Message sent Tue 22 Mar 2005, 14:20:00 GMT, from time zone GMT-0500.)

Key Words in Subject:  Auction, Bidding, Internet, War

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