Quote:
Originally Posted by raulus
Is it possible that you’re both right?
I’m not a psychologist, but when it comes to exceeding the amount that we were willing to pay for an item, my experience is that we come up with rationalizations and ways to fool ourselves into thinking that we’re paying less than we really are. Even though we mathematically know that the BP is there, I think we sometimes choose to conveniently ignore it if it means that we can still feel good about our decision to keep bidding.
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Every time there is a new auction, there are a ton of posts in this board about it. Hell, the opening day of bidding is like a holiday around here.
I know guys say they incorporate the bp into bidding, but if you really want the item, that notion goes out the window.