Tuesday, April 24, 2007
Other than some additions to my Magic 8-ball collection, I've never been able to buy anything on eBay because of my fear of the winner's curse--the idea that the person who "wins" an auction is the person who most ridiculously overvalues the thing being auctioned off. But, I cast all that aside and bought the very first Wii I bid on, with the very first bid I made. I am not going to share the price, so I can remain ignorant as to the degree to which I overpaid. I didn't seem inconsistent with my brief inspection of prevailing rates, and was definitely efficient.