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BID AGENT (Read 1775 times)
annetappe
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BID AGENT
01/11/06 at 21:44:32
 
Could you point me to a location that explains 'Bid Agent' & 'Increase My Max Bid' in detail.

I am experimenting/testing a scenario now and it seems that when I enter my initial maximum bid (using Bid Agent) it is possible for another bidder to drive my 'maximum bid' to 'maximum bid' PLUS 'bid increment' - which is of course more than my 'maximum bid'.

I can not tell if this is the way 'Bid Agent' works or not because I do not totaly understand 'Bid Agent' as used in eAuction.

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gscotty
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Re: BID AGENT
Reply #1 - 01/11/06 at 23:37:11
 
Similiar problem. Example: User 1 bids 10.00 dollars. Increment on item is 5.00 dollars. Starting bid is 5.00. Item now shows high bid 5.00 bid minimum 10.00. User 2 now using bid increment bids 29.00. Item now shows current bid 15.00 next min. bid 20.00. So far so good.
User 1 now bids 31.00. Current bid now shows 34.00 next min. bid 39.00. Current bid is 3.00 higher than User 1 wanted to pay. User 2 comes back and bids 50.00. Current bid now shows 36.00. Next min. bid 41.00. 36.00 is 5.00 higher than actual last highest bid but looks like only a 2.00 increase from the 34.00.

Bid History

Bidder Date - Time Bid
user2 01.11.06 - 16:34:26 $36.00      
user1 01.11.06 - 16:33:34 $34.00      
user2 01.11.06 - 16:32:43 $15.00      
user1 01.11.06 - 16:31:39 $5.00


Hope you could follow that. Any help appreciated.
Thanks

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« Last Edit: 01/13/06 at 18:58:48 by Dieter Werner »  


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Dieter Werner
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Re: BID AGENT
Reply #2 - 01/12/06 at 13:32:00
 
annetappe wrote on 01/11/06 at 21:44:32:
I am experimenting/testing a scenario now and it seems that when I enter my initial maximum bid (using Bid Agent) it is possible for another bidder to drive my 'maximum bid' to 'maximum bid' PLUS 'bid increment' - which is of course more than my 'maximum bid'.


No, nobody can drive the max. bid of a bidder up to an amount that is > the max. bid.
The max. bid is stored and each other bid  > max. bid will beat the proxy-bidder. (even if the increment is, let's say, 5.00 and the difference between the proxy bid and the higher bid is just 1.00).

See the code of: sub proc_bid
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