On Mon, Aug 9, 2010 at 14:59, Steve Palincsar <palin...@his.com> wrote:
> How would this be an improvement over simply bidding as much as you are
> actually willing to pay in the first place?

>From eBay Psychology 101: If you bid earlier, the selling price is
likely to be higher. The longer the price is high, the more time the
bidders will have to convince themselves that they'll actually pay
more than they would have decided otherwise. When I really want to try
to get a good deal on something, I will always wait till the last
minute (and I should really start using that sniping software).

James Black

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