USA
Today: Thank goodness for science. How else would we know
the best way to nab those barely-used weed whackers, dumbbells
or duck-shape salt shakers on eBay? In a study that gives the
lie to the notion that eggheads don't like to eyeball online
auctions like normal folks, a study by South Korean physicists
confirms via some elaborate mathematical modeling that
"sniping" âmdash; waiting for the very last
second to submit your bid on that Elvis-shape throw rug
âmdash; is indeed "a rational and effective
strategy to win in an eBay auction."
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© 2006 American Institute of Physics
On eBay, it pays to snipe Free
27 June 2006
DOI:https://doi.org/10.1063/PT.5.020220
Content License:FreeView
EISSN:1945-0699
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