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Quibids, from Allen Gillespie

September 4, 2010 |

 I have become fascinated with this site Quibids as a lab in which to study pricing particularly as it relates to psychological and odd pricing and substitute good pricing. Any thoughts and commentary would be appreciated. What are the fractional relationship of goods at various price points and what impact does the prior action have on the subsequent auction. Does a $100 gift certificate for different stores tend toward different average prices. Are these different prices also reflect of perceived value of the store and offer insight in the company's related stock price. Does the average price of a company's gift certificate auction lead moves in its stock price? So many questions this site creates.


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