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Bid Timestamp Option
Timestamp options allow a site administrator to determine the timestamp a replacement bid will get. Allowing a replacement bid to retain an earlier timestamp gives that bid a timestamp advantage. A timestamp advantage results in:
- Bids with a timestamp advantage having only to meet, rather than exceed, a competing bid with a later timestamp.
- A bid with an earlier timestamp winning an auction when two bids are competing for the same items at the same bid amount.
- An activated AutoBid with a timestamp advantage having the bid amount raised to match, not exceed, the amount of a later competing bid.
The administrator can set timestamp option to one of the following:
- Option 1: Users who have prior winning bids have their follow-on bids time-stamped to the time of the prior winning bid.
- Option 2: Users who have placed any prior bid have their follow-on bids time-stamped to the time of the prior bid.
- Option 3: New and replacement bids are time-stamped when placed.
NOTE: Although the tie-break option is controlled by the
eAuc:BidTimeTieBreakOption
System Preference property, the option can be overridden on a per item basis through the use of the Bulk Upload feature. For more information on Bulk Upload, see Using Bulk Upload.
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Siebel eAuction Guide Published: 18 April 2003 |