article_snippet.sent: Getting the best price for your unwanted wares online can seem like a fine art, but researchers have found a simple trick that could see your bids soar.
article_snippet.sent: Economists plotted how much goods listed on eBay sold for and discovered that items with precise prices attract higher offers than those with round numbers, such as $1,000.
article_snippet.sent: US researchers claim that exact prices of goods on eBay attract higher offers than round numbers.
article_snippet.sent: While eBay is used for auctions, the bulk of eBay business comes from 'Buy eBay now' sales, such as this iPhone.
article_snippet.sent: Researchers from Cornell University, eBay Research Labs and the University of California, Berkeley, have addressed the problem in a new paper.
article_snippet.sent: Researchers from Cornell University, eBay Research Labs and the University of California, Berkeley Cornell
article_snippet.sent: UniversityeBay Research Labs California looked at pricing strategies within the confines of eBay’s so-called 'negotiation platform'.
article_snippet.sent: Matt Backus, Thomas Blake and Steve Tadelis looked at this issue within the confines of eBay’s so-called 'negotiation platform'.
article_snippet.sent: While some people associate eBay with auctions rather than straightforward sales, this hasn’t been eBay’s main business for about a decade.
highlights_snippet.sent: Researchers claim using exact prices when selling goods on eBay attract higher offers than round numbers .
  