Who's Bidding Against Us?!?!?

[oricha1984]

I'm sure there is some Phd program somewhere that has done research on the psychology behind online auction bidding.

EC way of bidding =>Image.
o1marc ->those same low deals that he got, he could have gotten for cheaper if he would had placed his max bid at the last minute.
HOWEVER, I asume that EC's way discourages all early parties because they get outbided by his initial early max bid.

To conclude,
there are a number of factors that can influence how high an auctioned bus might go. EC has proven that his method works. The 'bid on the last minute' method seems to be the general suggestion, but further research is necessary.

Raul, BS, MS
Phd student dissertation on buses biding, case-study eastcoast.

[Miles O Roads]

Originally Posted by oricha1984

I'm sure there is some Phd program somewhere that has done research on the psychology behind online auction bidding.

EC way of bidding =>Image.
o1marc ->those same low deals that he got, he could have gotten for cheaper if he would had placed his max bid at the last minute.
HOWEVER, I asume that EC's way discourages all early parties because they get outbided by his initial early max bid.

To conclude,
there are a number of factors that can influence how high an auctioned bus might go. EC has proven that his method works. The 'bid on the last minute' method seems to be the general suggestion, but further research is necessary.

Raul, BS, MS
Phd student dissertation on buses biding, case-study eastcoast.

Funny stuff

I like last min bidding,but thats how my sale goes. I set max with my broker and thats it. I have been on the phone with him both times. Its not to bad as it goes so quick it works better with my anxiety.