Experts agree: eBay sniping works

Scientiffic Research

  • Harvard Economics Paper Roth, Alvin E. & Ockenfels, Axel (2000), "Last Minute Bidding and the Rules for Ending Second-Price Auctions: Theory and Evidence from a Natural Experiment on the Internet", NBER Working Paper No. W7729.
  • Physical Review Statistical Study on Online Auctions "These results imply that bidding at the last moment is a rational and effective strategy to win in an eBay auction.", Bidding process in online auctions and winning strategy: Rate equation approach I. Yang and B. Kahng School of Physics and Center for Theoretical Physics, Seoul National University, Seoul 151-747, Korea (2006)

News Reports

Commentary

  • Wikipedia on eBay Sniping "Experienced bidders of online auctions with fixed ending times often prefer entering bids late in the auction to avoid bidding wars"