Online Auction
1 pages (250 words)
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This starts with the seller ascertaining what one intends to sell, the price and upload the item’s picture in the eBay’s database for… Online auction and especially via the eBay entails one to watch the bids besides being prompt when responding to the buyers’ questions via the emails. Close watching by the seller especially on the bidding process may be…
Internet Auction Fraud
5 pages (1250 words)
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Introduction The invention of the internet was a breakthrough technology, which brought forth revolution in to the way businesses are conducted. Through it, online marketing was born which has been very rewarding to business. This is mainly due to their low cost requirement, larger geographical coverage and accessibility at all times throughout the year.…
Marketing Strategies of Auction Houses
27 pages (6750 words)
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With the gradual development in the global market economy system, "auction" has been used as a commodity trade tool throughout the world. Substantial amounts of credit assets are auctioned every year in which, franchises related to automobile and e-commerce top the list of auction allocation (Yan, 2006).… This dissertation discusses the various marketing…
Macroeconomics and Microeconomics - Auction Theory
5 pages (1250 words)
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This paper talks about effective bidding strategies on both first-price and second-price sealed bid auctions. The paper also discusses basic concepts of the auction theory. Different types of auctions are analyzed in the paper. The mechanism of dominant strategy selection is considered.… This essay outlines key concepts of the auction theory and stresses the…
Ethics at the Top Two Auction Houses
23 pages (5750 words)
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At a glance, auctions of fine arts and other high-valued merchandize allow ordinary people to glimpse at the mystifying, ostentatious world of the rich. Prized personal possessions such as rare fine arts, antique furniture, collectibles, memorabilia and other effects that only the 'rich and famous' typically can own are among the items being offered at auctions.…
E-commerce, ebay and online auction
3 pages (750 words)
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E-Commerce (Name) (University) (Course) (Tutor) (Date) Introduction Businesses have gone globally to take advantage of the global market benefits and as such, technological advances in information exchange have set the stage for fierce competition. Firms have been forced to take up e-commerce as the best strategy to cope and cut their market share.…
The theory and application of auction theory in context to British car auctions (BCA)
24 pages (6000 words)
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Auctioning has been a practice that has existed with humans for a very long time. In some archaic cultures we read of how when a lady was due for marriage, a special wrestling contest was organised for all men who were interested in the lady so that the winner was the man who married the lady.… These were informal forms of auctioning. Though this may sound…
Application of auction theory in the context of the Indian Premier League
20 pages (5000 words)
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In economical terms, auction is a process which follows a systematic approach for selling products with the help of bidding strategies. This paper aims to discuss the main principles of the auction theory along with the considerable issues and their solutions.… This theory is highly essential from a theoretical, empirical and economic perspective. This paper…
The Impact of Information on Wine Auction Prices: Results of an Experiment
1 pages (250 words)
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I am going to base my paper on an experimental wine auction, of which four wines of high-quality got sold in four different sealed bid second-price auctions containing a secret reservation prices. It has been discovered after the auction that, for each participant, it led to a… These findings also endorsed experts to conclude that the degree at which…
The Case Study of Aalsmeer Flower Auction, Introducing an Information System
12 pages (3000 words)
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It offers a forum where suppliers and buyers come together, with the auctions playing a mediation role in order to determine prices. Since flower… A range of facilities are available at the auction, such as access to marketing channels and financial information, storage facilities and management of logistics. Prices of flowers are determined at these auctions…
Reasons for choosing Christie's Education, your qualification,goals,and practical experience in the arts or auction world
4 pages (1000 words)
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“The judgment of taste, therefore, is not a cognitive judgment, and so not logical, but is aesthetic—which means that it is one whose determining ground cannot be other than subjective”.—Immanuel Kant, The Critique of Judgment, 1790 Ever since I was a child, I can… This includes but is not limited to visiting museums, galleries, auction houses and out of the…
Historical profile for an auction catalogue
5 pages (1250 words)
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Claude Monet was the master of impressionism in art which means an artistic style that captures feelings or emotions rather than simply painting images and scenes. He is one of the most renowned impressionist painters of his times. Monet has painted various locations very… Impressionism is the name given to a style of painting in France at the end of the 19th…
Auctions - Microeconomics 3rd Year
4 pages (1000 words)
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Auctions play a very important role in the allocation of resources, especially those which are limited in supply. It is used for goods for… As the auction proceeds, the price starts declining. A bidder can stop the auction at any time, claim the object, and pay the ongoing price. This particular type of auction is also described as a descending bid auction and…
Answer two question
5 pages (1250 words)
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In relation to the provided scenario presented in the question, it is observed that a government authority has conducted an auction for the sale of lands which has been possessed by the government. For this auction, government has formulated certain rules which states that if… In order to own another land from the auction, Toan formed a proprietary company…
Computer Security
3 pages (750 words)
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Looking at the key factors that Klemperer brings to our attention we can see for sure the hurdles that would come through in the formulation of the design for an auction. Factors such as Collusion, which includes the risk that participants in the auction might openly or secretly… Ozment addresses this issue of collusion, pointed out by Klemperer, by…
Computer Security
3 pages (750 words)
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Would it be possible to design an auction as discussed in Ozment that is immune to the factors discussed in Klemperer? What perverse incentives might be created? How does perfect pricing created by auctions compare with perfect pricing created by price discrimination?… In this element bidders can use the early stages to their advantage, since the prices then…
Underwriting: Equity and dept
2 pages (500 words)
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In order to raise money from the market, the companies issue shares through the process of initial public offering. There are… The investment banks incur the underwriting risks which are related to the performance of the IPO. The target group of investors is identified by the underwriters or the investment banks. The performance of the companies and the…
5 forces model
1 pages (250 words)
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In the online auction industry, the easily available requisite software important for start-ups together with cheap hosting services and low cost of establishing start-ups enhance the ease of potential entrants entering into the online auction industry. In effect, this poses a… As pointed earlier, eBay uses an online bidding system, which essentially implies…
Database Design and Implementation
20 pages (5000 words)
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Even though it does not have as much traffic as e-bay, it generates quite a number of sales. The fact that it does not charge listing fee puts it at a greater competitive edge over the similar online… A major downside of this site is that it is very slow. The seller is not required to pay any fee for posting an item for sale. The sites has strong measures and…
Information Systems
8 pages (2000 words)
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Case Study Aalsmeer Flower Auction I. Aalsmeer Flower Auction Around 1911, Flower Auctions were only held in cafes around Aalsmeer when growers from all over Holland and nearby communities meet to trade their flowers with retailers from other areas. By March 6, 1968, the Aalsmeer Flower Auction was organized from several auction houses to respond to the growth of the industry.…
East Coast Yachts
2 pages (500 words)
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In the Dutch Auction IPO anyone can bid for the issue of the company that means more bidders make it possible to have a true valuation of the… In the traditional method, usually the institutional and large investors are involved while the Dutch auction process facilitates small investors to participate in the bid. Advantage with the Dutch auction is that the…
Experimental economics summary paper
2 pages (500 words)
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Summary of the article: The objectives of this study are to examine the applicability and accuracy of the textbook model as applied to auction markets. The authors of the article hoped that by studying the implications of price control in simple control settings, the results may be applied to more sophisticated markets.… Each market involved a series of…
Initial Public Offering
5 pages (1250 words)
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An initial public offering is the first sale of private shares to the public (Investopedia). Immediately after selling this initial stock to the public, a private business becomes a “public” one, meaning that individuals who have to prior connection (or stake) in the interests of the company are allowed to buy into that interest through buying shares of that company’s stock.…
Independent Review of the Housing Market in Sydney
3 pages (750 words)
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Independent Review of the Housing Market in Sydney As an economist I have been commissioned by the NSW Treasury to write an independent review of the housing market in Sydney. This topic is of considerable interest to me as I have extensive research in the area and experience in the Sydney housing industry.… i. In examining the overriding structure of the…
Google
4 pages (1000 words)
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The performance of Google, which debuted using the online auction process in August, 2004, does not suggest that the online auction process served as an efficient pricing mechanism since it did not minimize Google's first day price surge. "When Google filed in April 2004 to go public, it outlined an unusual IPO method that was widely seen as an assault on Wall Street practices.…
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