shilling
Then future consignors go back to shilling auction houses because they want to optimize their sale and thinking clean auction house at fault. BUT - the clean auction house did optimize their sale - it was just sold at real market value and many of the previous sales were inflated due to shilling and causing the seller to have false hopes on value.
Shilling auctions causes many issues - one being false market value of items. Then when an auction house does not meet previous sales - people assume it was their fault. With shilling occurring in auction houses and ebay - when an item sells for less than it has previously, it may just have sold at the real (unskilled) market value by an honest businessman.
Hope this rambling made some sense.[/QUOTE]
--right..so the problem is the honest auction houses go out of business..but that reallly not a problem for the buyers....the buyer is overpaying based on one bid above them....buyers will start to look at price points several bids below to be safe with bids.....you can always adjust as a buyer and just refuse to bid..that will get prices down....but between auction houses thats a tough issue
even on ebay, there are guys doing it...so its going to happen everywhere..i know i have been to car auctions live and i've bid against the coke machine that the auctioneer appears to be pointing too....this happens in real life..so will of course happen in the more easier enviroment of the internet...market price will be adjusted....as long as sellers complain they arent getting 'market value' and are upset at bad sales..they will go to the auctions that give the best prices....and those same sellers who want to buy items will complain of shilling...
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