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#1
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It all evens out if the long term and the seller is not affected. Using your $250 increment as an example, the seller gets the full $250 of the last bid when another $10 over the underbidder may have won it.
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#2
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Right, and I am sure Rob and others have thought this through and come to the conclusion that on balance they do better with bigger increments than small ones. Particularly with the "gotta have it" mentality of folks like us most of whom lack discipline.
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Net 54-- the discussion board where people resent discussions. ![]() My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ Last edited by Peter_Spaeth; 12-12-2014 at 05:29 PM. |
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