[LEAPSECS] Synchronization requirement
    Poul-Henning Kamp 
    phk at phk.freebsd.dk
       
    Wed Nov 12 13:34:19 EST 2008
    
    
  
In message <alpine.LSU.2.00.0811121811350.30582 at hermes-1.csi.cam.ac.uk>, Tony F
inch writes:
>On Wed, 12 Nov 2008, Poul-Henning Kamp wrote:
>>
>> Savy auction houses deal with such behaviour by not closing the
>> auction "while bidding is ongoing", typically implementing a
>> 30 second wait after the most recent bid before closing.
>> Why eBay doesn't have always been a mystery to me, people would
>> statistically get better prices if they did.
>
>They'd never be able to close any auctions :-)
They would, it works fine in most real-life auction houses.  This is
why you have the famous 
	going once...
	going twice...
	third time anybody ?
	sold to the man next to the woman who clearly isn't his wife...
sort of stuff at art auctions
-- 
Poul-Henning Kamp       | UNIX since Zilog Zeus 3.20
phk at FreeBSD.ORG         | TCP/IP since RFC 956
FreeBSD committer       | BSD since 4.3-tahoe    
Never attribute to malice what can adequately be explained by incompetence.
    
    
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