Open Question: Why are some things more expensive on ebay than in retail or online stores?

I was recently looking up prices for a Casio fx 9860GII Calculator and saw that on ebay the prices ranged anywhere from $60-$140. Even not Looking at the SD models, Some still sell for more than $80. I find this funny because new from amazon, Casio, or newegg is only $70-$80. Are people not doing their research when bidding? Anyone know why?