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AE Burton on Ebay

3029 Views 19 Replies 13 Participants Last post by  bbcrock, 
QuestForReason
Ok, I'm not too familiar with Allen Edmonds nor am I familiar with Ebay shoes purchasing, but do AE's for 99 cents raise concerns with anyone else?
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M
cynical kane said:
You should never change your maximum price for something just because someone else wants to pay more. (If only people applied this to the stock/housing market...)

So the reason for sniping, I guess, is not to be irrational but to take advantage of others' irrationality by keeping auction bids low.
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No, it is to avoid the irrationality of others who will bid more in a contest based on emotion.
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