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Last post 23 years ago by jcrimmins. 13 replies replies.
Autobid
tailgater Offline
#1 Posted:
Joined: 06-01-2000
Posts: 26,185
I understand the concept of autobid. But I am not sure that it works as intended. I recently saw a desirable box of smokes. Two available, and both bidders had used autobid and the current price was $41 each. I needed to bid $44 ($3 increments), and that was the most I wanted to pay. So I bid the 44 bucks, and BOTH bidders price went to $44, with the "bid needed" now at $47. WHY did BOTH current bidders receive the higher price? I only bid on one box, so shouldn't the earliest bidder still be at $41? Is this a flaw, or am I missing something?
fbcoacho Offline
#2 Posted:
Joined: 12-31-1999
Posts: 1,295
If I read you right,the reason both bids went up to $44.00 was to top your bid. If the 2 buyers before you had placed $50.00 autobids then if you bid $51.00 the first one who had $50.00 would win and the other would have to top you to win. I would think.
Gonz@CigarBid Offline
#3 Posted:
Joined: 03-30-1999
Posts: 222
i've recently made a number of changes to "clean up" autobid. we were getting constant requests to clarify bidding and i think i've corrected most of the inconsistencies. your logic is correct on the surface, but there are a number of other variables that play into the minimum bid determination. please give me the lot number where you experienced the inconsistency and i'll look into the bid history. you can also email me at [email protected]
fivetrees Offline
#4 Posted:
Joined: 07-06-2000
Posts: 27
Lets call the two autobidders, AA and BB:


  • AA (earlier) and BB (later) bid $41 each.

  • You bid $44, knocking BB out.

  • BB automagically bids $44 to stay in the running.


  • HOWEVER: This leaves the bidding at you=$44 and BB=$44, which knocks AA out, so AA must now bid $44, knocking you out. If AA did not do this, you would lose the auction, despite having bid more than AA did. High bid always wins. The other rules only settle ties. Therefore AA and BB must at least tie you, to beat you.
    Gonz@CigarBid Offline
    #5 Posted:
    Joined: 03-30-1999
    Posts: 222
    very well said.
    mtsheron Offline
    #6 Posted:
    Joined: 04-29-2000
    Posts: 528
    Joking and in jest it is like politics.....it is not always for us to understand but accept. The process is sometimes nerve racking but the auto bid has been reliable to my knowledge.....gotta go, the Republican National Convention is on and I must march with our next leader to victory....Long Live BUSH! I know this is not the political board but I am somewhat a non-comformist at times.
    Hansen Offline
    #7 Posted:
    Joined: 03-11-2000
    Posts: 444
    tailgater, from what I've understood, the other two wins over you because they use Auto-bid (even if their last bid was $44), and you didn't.
    tailgater Offline
    #8 Posted:
    Joined: 06-01-2000
    Posts: 26,185
    OK, I now understand. I wasn't concerned that I lost the bid. I know why I lost, I just wasn't sure why BOTH prices had to climb. Thank you fivetrees for explaining PERFECTLY. Gonz, due to fivetrees' gift for explaining the unexplanable, you won't have to research the lot because it worked correctly. Now, fivetrees, can you explain WHY the President can technically win the popular vote but lose the election due to delgates? Note that I said "why" and not "how"...
    mtsheron Offline
    #9 Posted:
    Joined: 04-29-2000
    Posts: 528
    Question: For all you political buffs. Can a man get more states votes but lose the election? Answer tomorrow.
    russ_rfh Offline
    #10 Posted:
    Joined: 12-16-1999
    Posts: 45
    The electral vote prevents the larger states from electing a preident even though the rest of the states don't want him. ie New York & Calif. vote 90% for a canadate and even though the other 48 states vote for the other canadate 55% the POP vote would result in New York & Calif. dominating the country. Don't mess with the way the founding fathers set it up, it works great. To answer the question on how someone could win the most Elect. collage votes and still lose. If he does not have a majority of the votes, the congress could vote in anyone......Russ
    fivetrees Offline
    #11 Posted:
    Joined: 07-06-2000
    Posts: 27
    Man'o'man, tailgater, don't get me started on ontology and epistemology before my morning cuppa! "Why" is a tricky questions in the best of times. I don't think anyone has won a 'why' argument since David Hume critiqued 'cause and effect' (and he died in 1776, well before our current constitution was written)


    Of course, three candidates *did* win the popular vote but lost the election [I leave their names as an exercise for the Board], and 16 candidates won without a popular majority.


    I don't know what you mean by 'why' but the simplest answer would be: The electors chose the president, not the popular vote, and under Article II, Section I of the constitution, electors can be chosen in any manner the state sees fit. Electors are *not* chosen by the popular vote, and in fact, until 1872, they weren't even chosen *in accord* with the popular vote in all states. Further, Electors are constitutionally free to vote for anyone they want, especially after the first ballot.


    Just a few of the other factors:


    1. 'En bloc' (Winner take all) voting can mean that winning 51% of a block-voting state can get you more electoral votes than 75% of a larger 'proportional voting' state.

    2. The electoral college is deliberately weighted somewhat in favor of the smaller states, due to the fact that each state has two senators despite its size

    3. Voter turn-out does not factor into election results. If only one person votes in RI, RI will still carry three electoral votes. You can see how this could skew the results.

    4. Incidentally, quorum for an electoral college vote is only "one elector from each of 2/3s of the states", which means that an electoral college vote could be (but never has been) cast and won, with (in theory) as few as 34 out of 538 (16%) electors present.

    5. And of course, if the electors can't make a selection in three ballots, it goes to Congress


    Fun, fun, fun! Shouldn't we move this to the political board? (Which I avoid, since folks don't like their politics cluttered with facts.)
    mtsheron Offline
    #12 Posted:
    Joined: 04-29-2000
    Posts: 528
    Russ answered so I won't beat the horse with the stick.
    tailgater Offline
    #13 Posted:
    Joined: 06-01-2000
    Posts: 26,185
    huh?
    jcrimmins Offline
    #14 Posted:
    Joined: 04-26-2000
    Posts: 787
    As long as we can get Bush into office, I'm a happy camper. I shudder to think of the alternative!!!
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