Title: Message
As an experiment I tried providing this option to bidders on some of my auctions a couple months ago.  I offered 10-15% off the final price if they had placed any bids previous to the final 24 hours.  I actually managed to do a 'test' and 'control' for a couple and it was uncanny how with all of the factors in (final price, final value fee paid, discount), the net benefit to me was slightly less than zero.  It made the bidding a little more interesting a couple times, but nonetheless the 'wisdom of crowds' behavior model outsmarted me.
 
-Erich
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