I keep a weblog like it's still the 90s. For commentary and dissent please visit jontaylor.ca, or various other purveyors of thought online.

Thursday, December 10, 2009

Sniping and Squatting

Sniping and Squatting - Cheap Talk: "We found that these two effects almost exactly canceled each other out for auctions of DVDs. We expect that this would be true for similar objects that are homogeneous and sold in many simultaneous auctions. So the next time you are bidding in such an auction, don’t think too hard and just bid your value."

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