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The Chip Board Archive 10

Question about eBay Dutch auctions

I thought I was quite familiar with eBay Dutch auctions, but the one I am running now makes me wonder ......
(Here is the auction, by the way:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=3273213678 )

I listed 3 lots and an opening bid of $16.66. The first bidder bid $18.68 per lot for all three lots. Let's pretend that no one else bids. As the winner, does he have to take all 3 lots for $18.68 per lot? (Hint: there is no proxy bidding in Dutch auctions.)

I think the answer is "yes." And that seems fair, too, since his high bid could have scarred other bidders away.

Robert

Messages In This Thread

Question about eBay Dutch auctions
Re: Question about eBay Dutch auctions
Nice Vette collection, Chuck! grin
Thanks Mark.. Here are some Birds
Re: Thanks Mark.. Here are some Birds
By the way, if anybody has any...

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