Hi, I have a problem with ebay app. In the ebay app on my phone, I can't place a last minute bid. I get a black screen and the current auction bid is
Unlike eBay we show how in this model last minute, that is second stage only, bidding may have low plausibility, as it can be a Nash equilibrium only under very specific circumstances and is never a unique best reply. Intuitively this is because the first stage is sealed-bid, with at ...
These different rules give bidders more reason to bid late on eBay than on Amazon. Last-minute bidding, a practice called 'sniping,' arises despite the risk that late bids may not be transmitted successfully. The strategic differences between eBay- and Amazon-style auctions suggest that the ...
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In the sequential ebay auction model, it can be proved that the last minute bidding equilibrium, in which bidders only bid at the last minute, is the unique symmet- ric perfect Bayesian equilibrium in (weakly) undominated strategies. Moreover, bidders would sometimes shade their last minute ...
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Make note of what the clock says when you place the bid, (I try when the clock is just about to get to a minute) Then look at the bid history to see when it was actually received by ebay's time stamp. I've found with my connection and computer that I have to place a bid ...
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