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Retailers, Manufacturers, ePay, AudiogoN, Paypal or whatever. Buying and selling advice.

Actually, there is evident that Shills drive down auction prices

This paper (http://129.3.20.41/eps/exp/papers/0512/0512002.pdf ) - easiest to find on the internet - demonstrates how shill bidding in experimental auctions actually drives the final price down, not up.

For you arm chair economists, take a look at it. It's well written and you don't really have to understand the theory because it's an emprical study in experimental conditions.


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