There have been live auctions. One I used would run until there had not
been a bid for 2 minutes...Some auctions would run for a 1/2 hour after
the published close.
John Graves
Peter J. Alling wrote:
It would end when the last person willing to bid won the auction.
That's how live auctions work. Usually the
time extended is about 10 seconds but the on line world is
"different". There are drawbacks to everything.
Shel Belinkoff wrote:
Then at what point would the auction actually end? Bids could, in
theory,
go on indefinitely, certainly for quite a while.
Shel
From: David Zaninovic <[EMAIL PROTECTED]>
Ebay could easily "fix" this by extending the end of the auction for
5 minutes after the last bid but they obviously choose not to
do that. It could be a seller option, they could even charge for it
as it would drive the price up.
