redbenjoe said:
if you made the ' fair play' rules --for the ebay selling formats --
how would you treat BID RETRACTIONS ??
I would hold them accountable for any loss to the seller.
in other words, if they brought the bid to 80$, retracted, and the final bid was75$, they would owe 5$.
The policy would encourage good behavior, and let the others sweat it out for a while.
and yes there are fringe cases that would let someone off the hook: exchange rate mistakes (the japanese person bids 78000yen at the usa site) , non-bid bids( your kid found your iphone and ordered 40$ pizza's from Chicago, quantity 100), and decimal mixups(more common in America, where people can graduate from high school without being able to read).
new graduate:
"how many languages do you speak?"
"zero, I'm an American."
"oh"