[omgwtfbbq]

>They also do not want to be part of a bidding war, so it is natural to impose limits (some folks do go overboard).

AKA accept our lowball offer before you realize how much you're worth

[LaserToy]

No, the offer might be good, but I’m just not willing to wait a month as there are other candidates in the pipeline.

[omgwtfbbq]

Might be but if you aren't willing to let them hear their other offers and negotiate you probably aren't willing to hire the best people.

[LaserToy]

I’m, I just not willing to wait for them. It also tells me that they are not interested in the company, and the best people both good and interested. And yes, it saves money (both hiring and motivated folks produce more) - no surprise here

Fun fact, that when I’m looking for a job I will be arguing like you.

[braveyellowtoad]

Every auction has a time limit

[omgwtfbbq]

These "exploding offers" are usualy 24-48 hours and thats not enough time to get any feedback from your other potential employers.