{
  "id": 14214,
  "title": "Type of auctions?",
  "url": "/competitions/facebook-recruiting-iv-human-or-bot/discussion/14214",
  "author_name": "",
  "post_date": "2015-05-14T09:27:35.277Z",
  "votes": null,
  "comment_count": 4,
  "views": 1213,
  "content": "<p>Type of auctions is not provided. Has it been assumed to be English by default?</p>",
  "messages": [
    {
      "id": "78382",
      "postDate": "05/14/2015 09:27:35",
      "content": "<p>Type of auctions is not provided. Has it been assumed to be English by default?</p>",
      "rawMarkdown": "",
      "votes": null
    },
    {
      "id": "79717",
      "postDate": "05/22/2015 04:10:25",
      "content": "<p>I would assume it to be the&nbsp;penny auction format,&nbsp; think&nbsp; Quibids or beezid.&nbsp;&nbsp;&nbsp;&nbsp; I.e. you pay to buy&nbsp;a bid and then the price increments 1 cent at a time</p>",
      "rawMarkdown": "",
      "votes": null
    },
    {
      "id": "79959",
      "postDate": "05/25/2015 03:45:12",
      "content": "<p>Thanks man.</p>",
      "rawMarkdown": "",
      "votes": null
    },
    {
      "id": "80306",
      "postDate": "05/28/2015 21:01:42",
      "content": "<p>Presuming it is a penny auction, what is the motivation of a user (bot or human) to outbid themselves (and pay $0.60 for each bid)?</p>\n<p>I think the only rational motivation is that the bidder is a shill&nbsp;(the auctioneer) trying to draw attention to an auction ... not to drive up the final price (which is inconsequential for penny auctions) but to keep an auction open longer to increase the likelihood real bidders will bid.</p>\n<p>Now saying that, I cannot imagine a penny auction site being willing to share data whose only conclusion is that they use shills to drive up the number of bids.</p>\n<p>Could there be some other motivation for a participant to pay $0.60 for a bid and out-bid themselves? &nbsp;Is it chest puffing and muscle-flexing to ward off potential bidders?</p>",
      "rawMarkdown": "",
      "votes": null
    },
    {
      "id": "80311",
      "postDate": "05/28/2015 21:23:49",
      "content": "<p>RJPS,</p>\n\n<p>I have to agree with you,&nbsp; my assumption on why someone would outbid themselves are</p>\n<p>-&nbsp; shill</p>\n<p>-&nbsp; puffery</p>\n<p>-&nbsp; busted algorithm</p>",
      "rawMarkdown": "",
      "votes": null
    }
  ],
  "comments": [
    {
      "id": 79717,
      "author_name": "scottdh",
      "author_url": "",
      "post_date": "05/22/2015 04:10:25",
      "content": "<p>I would assume it to be the&nbsp;penny auction format,&nbsp; think&nbsp; Quibids or beezid.&nbsp;&nbsp;&nbsp;&nbsp; I.e. you pay to buy&nbsp;a bid and then the price increments 1 cent at a time</p>",
      "votes": null,
      "replies": []
    },
    {
      "id": 79959,
      "author_name": "apayne",
      "author_url": "",
      "post_date": "05/25/2015 03:45:12",
      "content": "<p>Thanks man.</p>",
      "votes": null,
      "replies": []
    },
    {
      "id": 80306,
      "author_name": "dodger",
      "author_url": "",
      "post_date": "05/28/2015 21:01:42",
      "content": "<p>Presuming it is a penny auction, what is the motivation of a user (bot or human) to outbid themselves (and pay $0.60 for each bid)?</p>\n<p>I think the only rational motivation is that the bidder is a shill&nbsp;(the auctioneer) trying to draw attention to an auction ... not to drive up the final price (which is inconsequential for penny auctions) but to keep an auction open longer to increase the likelihood real bidders will bid.</p>\n<p>Now saying that, I cannot imagine a penny auction site being willing to share data whose only conclusion is that they use shills to drive up the number of bids.</p>\n<p>Could there be some other motivation for a participant to pay $0.60 for a bid and out-bid themselves? &nbsp;Is it chest puffing and muscle-flexing to ward off potential bidders?</p>",
      "votes": null,
      "replies": []
    },
    {
      "id": 80311,
      "author_name": "scottdh",
      "author_url": "",
      "post_date": "05/28/2015 21:23:49",
      "content": "<p>RJPS,</p>\n\n<p>I have to agree with you,&nbsp; my assumption on why someone would outbid themselves are</p>\n<p>-&nbsp; shill</p>\n<p>-&nbsp; puffery</p>\n<p>-&nbsp; busted algorithm</p>",
      "votes": null,
      "replies": []
    }
  ],
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    "79717": "",
    "79959": "",
    "80306": "",
    "80311": ""
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  "source": "meta"
}