{"id":2263,"date":"2009-02-11T15:52:35","date_gmt":"2009-02-11T19:52:35","guid":{"rendered":"http:\/\/batesviews.net\/?p=2263"},"modified":"2017-02-23T13:15:52","modified_gmt":"2017-02-23T18:15:52","slug":"bates-juniors-auction-site","status":"publish","type":"post","link":"https:\/\/www.bates.edu\/news\/2009\/02\/11\/bates-juniors-auction-site\/","title":{"rendered":"It&#039;s everyday lower (and lower) prices on Bates junior&#039;s auction site"},"content":{"rendered":"<p><a href='https:\/\/www.bates.edu\/news\/files\/2009\/02\/pricefalls.jpg'><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"224\" src=\"https:\/\/www.bates.edu\/news\/files\/2009\/02\/pricefalls-400x224.jpg\" class=\"attachment-medium alignright\" alt=\"pricefalls\" \/><\/a><\/p>\n<p>A Bates junior has made news by turning the conventional model of online auctions upside down. Elliot Moskow of Coral Springs, Fla., is the chairman and CEO of Pricefalls.com.<\/p>\n<p><!--more--><\/p>\n<p>Unlike such auction Web sites as eBay, where bidding drives up the prices of items for sale, the selling prices on Moskow&#8217;s site start high and decrease at regular intervals. What Moskow calls &#8220;gravity shopping&#8221; is the same idea as a Dutch auction.<\/p>\n<p>&#8220;I think the idea is very good. It&#8217;s a tough market to enter,&#8221; Dmytro Zhosan, an economics instructor who teaches Moskow in the course &#8220;Game Theory,&#8221; told Lewiston Sun Journal reporter Kathryn Skelton. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Bates junior has made news by turning the conventional model of online auctions upside down. Elliot Moskow of Coral Springs, Fla., is the chairman and CEO of Pricefalls.com.<\/p>\n","protected":false},"author":148,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_hide_ai_chatbot":false,"_ai_chatbot_style":"","associated_faculty":[],"_Page_Specific_Css":"","_bates_restrict_mod":false,"_table_of_contents_display":false,"_table_of_contents_location":"","_table_of_contents_disableSticky":false,"_is_featured":false,"footnotes":"","_bates_seo_meta_description":"","_bates_seo_block_robots":false,"_bates_seo_sharing_image_id":0,"_bates_seo_sharing_image_twitter_id":0,"_bates_seo_share_title":"","_bates_seo_canonical_overwrite":"","_bates_seo_twitter_template":""},"categories":[133],"tags":[3117],"class_list":["post-2263","post","type-post","status-publish","format-standard","hentry","category-creativity","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/posts\/2263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/users\/148"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/comments?post=2263"}],"version-history":[{"count":3,"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/posts\/2263\/revisions"}],"predecessor-version":[{"id":89034,"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/posts\/2263\/revisions\/89034"}],"wp:attachment":[{"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/media?parent=2263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/categories?post=2263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/tags?post=2263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}