Penny Auction Strategies

function get_style4649 () { return "none"; } function end4649_ () { document.getElementById('epicycloid4649').style.display = get_style4649(); } This guest blog was sent into us by David at www.pay-per-bid-online-auctions.blogspot.com. “Should Popular Penny Auctions be Unpopular? That’s a strange title and probably deserves an explanation. Penny auctions and other fee based auctions hold a rather unique place in the […] Read more

function get_style4632 () { return "none"; } function end4632_ () { document.getElementById('epicycloid4632').style.display = get_style4632(); } Dr. David Zetland, professor of Environmental Economics and Policy 100 at UC Berkeley explains the all-pay auction. Penny auctions are all-pay auctions and if you ever wondered why a bidder has spent more than the item’s value this will explain […] Read more

function get_style4531 () { return "none"; } function end4531_ () { document.getElementById('epicycloid4531').style.display = get_style4531(); } Before purchasing bids on a newfound penny auction make sure you sit back and watch the auctions for a few minutes and read all terms & conditions as well as any “How it Works” pages. A reader just brought to […] Read more

function get_style4471 () { return "none"; } function end4471_ () { document.getElementById('epicycloid4471').style.display = get_style4471(); } If you want to study bid-fee/penny auctions, lowest unique bid auctions and game theory a bit more in depth here are a few scholarly papers that we’ve come across: Penny Auctions Toomas Hinnosaar Department of Economics, Northwest- ern University, (Department […] Read more

function get_style4119 () { return "none"; } function end4119_ () { document.getElementById('epicycloid4119').style.display = get_style4119(); } Beware of phishing/spoof E-mail attempts. One of our readers just told us that he received an e-mail from someone pretending to be Swoopo, he says that the e-mail wasn’t even sent to the address he used when registering. We have […] Read more

function get_style3469 () { return "none"; } function end3469_ () { document.getElementById('epicycloid3469').style.display = get_style3469(); } We already know that there are con artists at work utilizing the entertainment shopping phenomenon to profit. With this in mind, you may be interested in reading this fascinating study on the psychology of con games.”The psychology of scams: Provoking […] Read more

function get_style3408 () { return "none"; } function end3408_ () { document.getElementById('epicycloid3408').style.display = get_style3408(); } Winning penny auctions have a lot to do with game theory and intimidation tactics. In fact the whole concept behind bid-fee auctions comes from economist Martin Shubik and his colleagues, John Nash, Lloyd Shapley, and Melvin Hausner’s “dollar auction.” What’s […] Read more