Play it cool if you want to win an online auction

时间:2019-02-28 04:17:00166网络整理admin

IF YOU want to be sure of winning an online auction, wait until the very last moment to place your bid so that no one else has time to respond. This strategy, which is already practised by online auction aficionados, is known as sniping. Now a mathematical analysis by researchers at Seoul National University in South Korea has confirmed that it gives people the best chance of winning. Byungnam Kahng and his colleague Inchang Yang analysed more than half a million auctions on the US and South Korean versions of the website eBay,