Auction Research Papers Samples For Students

Following the new millennia, it is said that auctions became popular to both the government and the e-commerce world. An auction is the process of bidding over a certain product. Whoever has the highest or lowest bid will get it. Auctions are done to sell over licenses for operations of different products, for example mobile phones licenses and taxi medallions. This also goes to radio spectrum licenses. However, auctions can either come out good or bad. According to Klemperer (2002), designing a good auction is mainly based on “elementary economics”. Poorly designed auctions can lead to “fiascos”, since the revenues did ...

Introduction – use headers / subtitles through out

I will mark grammar problems and you will have to correct them.
Ebay was founded in 1995 by Pierre Omidyar and is currently headquartered in San Jose, California (Bjornsson, 2001). It was originally meant to be an online “flea market” selling goods for individuals. After selling the first item listed, a broken laser printer, Pierre began to expand the website. In 1995 and 1996, eBay began to hire its first employees and in January of 1997 the site hosted eight times as many auctions than of the entire previous year (Bjornsson, 2001). In 1998, Pierre and his cofounder introduced ...

Today, E-bay is one of the most successful consumer-centric online auction sites of the dot-com era (Akbar & James, n.d.). Since September 1995, e-bay has used the power of the internet to create a marketplace for consumers to not only auction goods but also buy them. It has created a platform where omnichannel retailing is powering the sale of selected expensive commodities as well as everyday items at rates never seen before (Deloitte, 2014; Gonzalez, Hasker, & Sickles, 2004). E-bay was founded in 1995, in San Jose California, by Pierre Omidyar as a local marketplace for the sale of localized items ( ...

EBay

Ebay is an online auction service that enables users to sell their stock or goods and buyers place bids on a broad variety of items. The duration of the auction can last from a few hours to a day to even weeks. During this period of auction, bids from different people are gathered. After the bidding duration, the bidder that has the highest bid from the others is then awarded the item or product. This service started in the United States, but it has expanded its auction service to more than thirty countries globally. The items being bid range from small things ...

e-Bay case study

Introduction

eBay is an online seller. There is no need for intermediary in this type of business. It’s an ecommerce seller. There is a direct sale from seller to customer. All the activities of an intermediary are undertaken by the company itself.

Channel of distribution feasible for eBay

Producer consumer
This is because eBay operates on a direct channel of distribution. Here the producer is selling directly to the consumer without the help of intermediaries. Direct channel involves selling face to face, or sales through computers or mails, etc. but there is no involvement of any distributor or any intermediary. There is just ...

Introduction

The Game Theory is used in experimental economics, though it can be used in a number of other social sciences. There are a number of critics that argue this theory cannot hold up since not all people present in the market economy are perfectly rational. However, there are ways to rule certain margins out. There is room for error in the experiments mentioned below. Certain studies even go into finding differences when it comes to the present data and the predicted outcome. There are ways to analyze why certain outcomes deviated from the expected results. This type of theory will help ...

The initial google public offer attracted a lot of attention from many stakeholders. Before the public offer, the capital of the company came from the owners who had contributed funds to start the business. The company was facing financial problems but the owners were not willing to make the company public. They wanted to ensure that the company remained under their control. The company also needed funds to expand its activities. The company had borrowed funds from private individuals but the funds were still not enough. When Eric was appointed as the CEO in the year 2001, plans to go ...

Roll Number

Introduction
After Global Agreement for Trade and Tariff came into existence in the 1990s, the overall supply chain process used in companies changed completely. Companies started sourcing raw materials and finished goods from thousands of miles away to gain cost advantage even though those were available nearby the point of consumption (Kannan and Sasikumar, 2009). Supply chain suddenly became the main differentiating factor between companies. The supply chain process increased the overall goods movement, which increased the greenhouse gas emission enormously. Increased level of demands started generating huge amounts of waste and this became a concern for the governments. ...

Business Analysis:

Discuss the on-going competition between Alibaba, Amazon, and eBay. Alibaba, Amazon, and eBay are all participating in the business to business (B2B) and business to consumers (B2C) e-commerce industry. E-commerce is a method of doing business, which allows transactions to occur place over the internet via sites that links vendor, host and buyer over a network. Amazon and eBay have been business to business e-commerce competitors with their primary customers coming from the US market for the past few years of existence. The emergence of Alibaba, which is presently the world leader in B2B e-commerce, coming out of China, is due ...

Reggae music was born on the island of Jamaica in the late 1960s. It is a fairly recent music genre that has roots in mento, R&B and Ska music that were contemporary musical movements. Recorded music was relatively late in coming to Jamaica with the first recording studio opening in 1951 and recording “mento” music which was a fusion of European and African folk dance music. American R&B music also became widely available around that time. The genre of Reggae may have langered in obscurity and never achieved international status and recognition had it not been for it’s most iconic ...

Research paper

Introduction
A general slowdown in economic activities of a given nation has various repercussions. This slowdown is what is generally referred to as recession. During this period, the macroeconomic indicators like employment, Gross Domestic Product, capacity utilization, business profits, inflation, and investment spending fall whereas unemployment rate and bankruptcies rise. From the past, this has negatively affected the living conditions of common citizens in all the nations that this business cycle contraction has occurred.
The role of the government of a nation is thus to intervene in the occurrence of a recession. For that reason, this research paper focuses on ...

Arguably, businesses and doing business has tremendously changed today. The digital era has led to an accelerated range of branded services and products, as well as consumerism. The manufacture, producers and businesses advertise their services and products by employing the digital media, which include cell phones, electronic billboards, internet, as well as celebrity endorsement. One of the prominent way of marketing during the digital era is the e-marketing. E-marketing complements entire marketing strategy that is perfect, and at the same time offers advertising opportunities that are proven and is in a position to take the marketing process to the next ...

Introduction

In the United States, the Federal Reserve System is charged with regulating the country’s monetary policy. The system was implemented after leaders noted the deficiencies in the previous national banking system. The previous system had a currency that was inelastic and there were liquidity problems in the economy. There were a lot of financial panics in the economy caused by the inefficiencies in the system.
A republican representative proposed the creation of a centralised banking system that would operate with a minimum level of government involvement. The Federal Reserve System was instituted in 1913. The system was able to solve three ...