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The best way to win an online auction is to wait until the very last moment before making a bid in the hope no one else will have time to respond. This strategy is already practised by many auction aficionados and is known as "sniping". Now a mathematical analysis by researchers from Seoul National University in Korea has confirmed that it gives the best chance of winning. Byungnam Kahng and his colleague Inchang Yang analysed more than half a million auctions on the US and Korean versions of the auction site eBay in an effort to determine the best strategy for bidding. They saw a mathematical pattern in the bidding behaviour of bidders and derived a simple power-law equation to describe this. Best probability

New Scientist Breaking News &amp;045; Mathemat

http://www.newscientist.com/article/dn9398-mathematicians-snipe-to-win-on-ebay.html
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How to Sell on eBay for Beginners - Mahalo

How to sell on eBay for Beginners walks beginners through the steps needed to set up and sell on eBay : from creating an account to making the best possible listing. Use this guide to learn and you'll be on your way to successfully selling on eBay! eBay.com is the world's largest online auction, where members can buy and sell a variety of goods and services worldwide. The majority of eBay transactions take place through auction style sales, where the seller places the item up for auction for a set period of time, and lists the starting price, or lowest price they are willing to sell the item for. 1 There are a number of factors that go into eBay sales, including: product descriptions, photos, pricing, categories, formatting, and payment methods. http://www.mahalo.com/how-to-sell-on-ebay-for-beginners/
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Pierres Web

Well, it's pretty obvious that I've been focusing on things other than my personal blog for the past six months or so -- except for the occasional sweep for comment spam. (I wish there was an easier way to leave comments enabled but prevent this kind of spam.) So I'm going to temporarily break my policy about this being my personal blog, and write a little bit about what I've been up to professionally. Our Foundation recently completed a significant strategic re-evaluation project which resulted in the expansion of our funding efforts. In June, we created the Omidyar Network , a new organization that will fund for-profit organizations as well as non-profits.