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User Name Thread Name Subject Posted
danensis BS: Ebay bid sniper (36) RE: BS: Ebay bid sniper 30 Oct 07


If you do a web search you will find some interesting experiments carried out by various psychologists and statisticians to compare sniping with just putting your best offer and letting ebay handle the bids. The outcome of nearly all these experiments is that there is no statistically significant difference in the outcome, but that if you watch the auction you are likely to go over your self-imposed limit in order to close the sale.

Some interesting psychology in the way people talk about "winning" on ebay when the correct term should be "buying".

John


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