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mterek

Avatar: 192622 2009-09-24 16:39:01 -0400
18

[mahjong]

Level 69 Re-Re

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Catt although Posted:

Revealing the reserve price makes it essentially the same as a minimum price – although it’s an okay idea to do that here, to lower the deposit. Personally, I don’t like the concept of reserve price auctions, and I think it would sense for here for an auction with an “x” reserve price to have the same deposit as an “x” minimum price.

Equal pricing for reserves and min bids should already be in place, but they’re not because of the restrictions on min bids. Ironically, the price of setting a reserve depends on the starting price –

http://www.forumwarz.com/discussions/view_post/833877

The major difference between Kyoubai! and eBay is eBay doesn’t charge a list deposit based on an arbitrary third party reference value, but instead levies a post-sale fee. eBay’s rate is nearly 10% of the selling price, which is enormous ( 100M sale,  10M fee) and as much as I hate refunded auctions, losing a Colonel Sanders auction with the highest possible Buy-It-Now, a reserve, and a 72 hour auction seven times would be less of a loss than a 10% surcharge on a successful 100M sale.

I think the easiest solution is to get rid of the upper limit for the base cost. It’s ridiculous to have it, the maximum the Ppwn Shop will purchase stuff at is 66.5% of the base cost, let alone 200%. To alleviate the problem of scale losses, cap the base deposit at a starting bid of [Base Cost]*2.

This way, if someone sets a starting bid of  1B on a Colonel Sanders, they won’t lose  60M in deposit fees, merely  2.4M. They still have the option of setting a reserve, but this allows people who don’t care for setting up auctions over and over to tell buyers who don’t browse Flamebait how much they want for stuff.

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