The Chip Board
Custom Search
   


The Chip Board Archive 02

Shill Bidding ... some critical thinking ...

.. requested. What is the practical difference between the following two situations:

1) Suzie Seller posts item with a minimum bid of $1. Billy Bobb Buyer thinks, "wow, I'd pay $20 for that" and bids $1. Suzie Seller then either bids herself (as is allowed in some auctions) or uses a shill to raise the bid. Billy Bobb and Suzie/shill continue bidding until Billy Bob's bid reaches $20, at which price he wins the auction.

2) Suzie Seller posts the item with a minimum bid of $20. Billy Bobb Bidder thinks, "wow, I'd pay $20 for that", bids on and wins the item for $20.

Please notice, I am not asking for any "ethical" or "moral" or other judgmental commentary. I AM asking for some critically considered and thought-provoking responses about WHY there IS an ethical, moral or judgmental commentary to be made when it appears that THERE IS NO PRACTICAL DIFFERENCE between the two situations (that is, in each case, the buyer gets the item for $20, a price he was willing to pay).

Put another way, what is the rationale behind a rule prohibiting shill bidding?

What interest of the free will buyer, if any, is being protected by a rule against shill bidding?

Is there a factual situation in which a buyer can ACTUALLY be HARMED by the use of a shill bidder, as opposed to the use of a higher minimum bid or reserve price? [Please NOTE that having to pay a higher price than might otherwise be the case is NOT true harm to the bidder as long as he is still getting the item for a price equal to or less than the maximum he is prepared to pay for the item.]

If you think shill bidding is "unfair" to the buyer, WHY?

If you think shill bidding destroys the "integrity" of the auction, WHY?

If you think shill bidding either is or ought to be "illegal" (that is, criminal in the real world), WHY? Factual reasons, please; what is the harm being protected against?

As long as the buyer has the final word on how much he is willing to spend, what difference does it make how he gets there?

----- jim o\-S

Messages In This Thread

Shill Bidding ... some critical thinking ...
Re: Shill Bidding ... some critical thinking ...
Who said anything about eBay ...
J.E. -Slow down and RETHINK about what you wrote!
Re: J.E. -Slow down and RETHINK about what you wro
Jim E. - Thanks for followup posting....
Re: Shill Bidding ... some critical thinking ...
Well, I succeeded at one thing ...
Re: Well, I succeeded at one thing ...
Moving in the right direction ...
Shill bidding should be prohibited ...
Getting there Larry ...
Re: Moving in the right direction ...
Re: Moving in the right direction ...Steve
Re: Well, I succeeded at one thing ...
I'm not trying to "justify" anything ...
Re: I'm not trying to "justify" anything
See THE POINT ...
More critical thinking, please ...
Re: More critical thinking, please ...
Good rules and Confucius is ...
Re:shill or reserve
I have never sold a thing on eBay ...
My momma tried to teach me ...
shill or reserve
Re: My momma tried to teach me ...Suzie Seller
Are you a lawyer in secret ...
I think I've just been insulted!
No insult, Larry, just trying to ...
Re: More critical thinking, please ...
Re: More critical thinking,ETHICS
Oh, Jack, have you ever asked ...
You have done the same thing ...
Re: More critical thinking, please ...
Expectation or ...
Re: Shill Bidding ... some critical thinking ...
Rich, EXCELLENT reply!! (EOM)
Why ...
Re: I give up...
Don't give up yet, Rich ...
Re: I give up...
Re: I give up...
This is the most fun I've had on the board ...
Re: Gene Again!!!!!!!
Nice and clearly stated opinion ...
The real costs and harm of shill bidding..
Thanks for a very thoughtful ...
Re: Thanks for a very thoughtful ...
Some additional thoughts ...

Copyright 2022 David Spragg