I [don't] hate E-Bay (was Cromemco 68000 on ebay)

[Tony Duell]

> Yes, and if you are rational, and enter your real maximum bid, you will lose
> the auction to someone who bids higher than your maximum.  If you go back
> later and change your maximum, then I would consider that irrational.

I wouldn't, under one specific case (which is about the only time I do 
increase my maximum bid). That is when I've found out more about the item 
on sale and think it is actually worth more to me that I've already bid. 
Then I will enter a higher bif whether or not I've already been outbid 
(or for that matter whether or not anyone else has bid at all).

Ans yes, that's how I normally act on E-bay. If I see something I am 
interested in, I enter a maximum bid of what it's worth to me. If 
somebody outbids me, fine, they're prepared to pay more for it. And I 
don't increase my maximum bid even if there are still days to go. 

-tony