I saw a discussion about this on a message board a while back.
In that particular case it was a book that had zoomed in price to over
$1,200.00.
It turned out there were two sellers that had a copy. They each had a
robot program that repriced their book based on what the other sellers had
it for.
As I recall one seller has his robot to up the price by 35% or so, and the
other seller had his set to undercut the other sellers by a few percent.
Someone got a copy of the price raises and each one was exactly the same
percent for each seller.
The net result was over time a 6 dollar book was listed for an obscene
amount of $
Rick
On Mon, Jan 2, 2012 at 6:21 AM, Jack Feldman <qualitas.jack@gmail.com>wrote:
> This is something that has puzzled me for some time. A while back there was
> a thread about a book on how LBCs worked. As soon as someone mentioned it,
> the price for used copies zoomed to over $200. We discussed the same thing
> here about the Moment/Anderson book.
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