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Online Auction
1 pages (250 words)
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...Auction How eBay® works. Auction via eBay is an exciting experience where both the sellers and buyers interact before the real transaction commences (Hsieh, 2008). 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 the potential clients to see (Hsieh, 2008). Sellers ought to avail adequate information regarding the item with brevity through their accounts besides setting the initial price, though this depends on the selling options one has chosen. To encourage more bidders, the seller ought to set the lowest but reasonable price for the commodity besides the time meant to...
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Internet Auction Fraud
5 pages (1250 words)
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...auction, and online shopping. This paper seeks to give an in-depth analysis of auction internet fraud. Online Auction Fraud Due to the continuous technological development, the internet has provided a platform in which direct interaction of the buyer and the seller is not necessary for a transaction to be effectively completed. Criminal have used advantage of this where they misrepresent a product advertised for sale through the internet auction site, fail to deliver the item, or deliver an item but not as specified by the customer after receiving all the money as stipulated in their agreement with the customers. This is usually defined as online... ?Introduction The invention of the internet was a...
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Marketing Strategies of Auction Houses
27 pages (6750 words)
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...Auction Houses 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). With the development in the electron information era and phenomenal progress of the Web world, there is a considerable growth in the auction for internet as well which not only makes the allocation more efficacious, but also averts corruptions. This dissertation discusses the various... Marketing Strategies of...
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Macroeconomics and Microeconomics - Auction Theory
5 pages (1250 words)
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...Auction Theory Introduction Auction theory is a study of auction markets and the behavior of both the sellers and buyers in the auction (Calzi, . One of the main characteristics of auctions is the presence of independent and uniformly distributed private valuations, where the bidders in the auction have their own valuations of the items being sold (Kagel and Levin, 2002). In this case, each user attaches a private value to the item being bid on, depending on the relative utility of the item to the user. The independence of the auction depends on each user not knowing the...
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Ethics at the Top Two Auction Houses
23 pages (5750 words)
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...Auction Houses General Situation of Fine Arts Auction Services 1. of the Market 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. Fine arts auction giant Sotheby's, in one of its numerous grand presentations, offers almost a hundred items for bidding, which include jewelry, paintings, ornamental arts and books of rare find. The auction firm has even gone further... Ethics at the Top Two Auction...
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E-commerce, ebay and online auction
3 pages (750 words)
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...auction and website for shopping where sellers advertise and sell their products and customers get to shop and buy products online. Its origin is based on a dot.com bubble of the 90s and has developed into a multi-billion company with international operations, some of which have been localized in many countries (eBay, n.d). The company deals in many categories of products, which are vividly displayed on its website at www.ebay.com. These product categories include fashion stores; motors; electronics; collectibles and art; interior designs and outdoors and decor; entertainment; deals and gifts; brands; and has the classified section. An interesting phenomenon about... ? E-Commerce Introduction Businesses...
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The theory and application of auction theory in context to British car auctions (BCA)
24 pages (6000 words)
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...auction design you need to talk about efficiency in general including pareto efficiency and also profit maximisation. In terms of bidding strategies and the revenue equivalence theory, it is not detailed enough. You need to mention the independent values model using the graph and equations from Klemperer online. www.paulklemperer.org. Once on this website click on ONLINE BOOK Auctions: Theory and Practice and then click on number 1 A Survey of Auction Theory. And finally click on Auction Theory: A Guide to the Literature. This is very important aspect which needs to be included. I suggest that you include it in an appendix within this essay. Under bidding strategies you also need... ?Firstly, under...
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Application of auction theory in the context of the Indian Premier League
20 pages (5000 words)
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...auction theory in the context of the Indian Premier League [Faisal Khalid] [Dr Fred Day] [Principles 3] [22/03 Contents Introduction page 3 Auction types page 3-8 English Dutch Vickery Other types Main principles of auction theory page 9-10 Auction design page 10-11 Pareto efficient Profit maximization Bidding strategies pages 11-12 Behavioral economics page 12-13 Game theory page 13-15 Problems with auction page 16 Indian premier league (IPL) page 17-20 Application of auction theory to IPL page 20-22 Conclusion page 22-23 References page 25-28 Appendix page 29-31 Introduction: In economical terms, auction is a process which follows a systematic approach for selling products... with the help...
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The Impact of Information on Wine Auction Prices: Results of an Experiment
1 pages (250 words)
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...Auction Prices: Results of an Experiment 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 set of different socio-economic characteristics, four submitted bids for wines and four grades. “These data indicates that certain socio-economic variables like consumption habits, income and gender, are significant on the willingness of an individual to buy wine, on the other hand, the other hand nationality, and age are insignificant” (Russell 78... The Impact of Information on Wine...
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The Case Study of Aalsmeer Flower Auction, Introducing an Information System
12 pages (3000 words)
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...Auction in the Netherlands has been a central marketplace where flowersand plants are traded by auction. It offers a forum where suppliers and buyers come together, with the auctions playing a mediation role in order to determine prices. Since flower markets are increasingly becoming electronically driven, this report details the strategy for designing a business information system that could be applied in the case of the Alsameer Flower Auction. Background: The Aalsmeer Flower Auction in the Netherlands has been a central marketplace where growers from all over the world, wholesalers and exporters all have a central... marketplace where they can trade flowers and plants. A range of...
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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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...auction houses and out of the way venues that local patrons guide me to. I view art is the source of beauty in my own life. Art for me is not a mere vision. It is not a gratuitous answer to an invitation. Rather, it is a feeling or a reaction. It is personal and can only be shared with those that have the same keen understanding of it that I do. It is the ability to embrace someone else’s interpretation and yet know that you feel at peace only with your own. It comes in so many different forms. For example, I enjoy all types of dance, from the traditional, to folk to ritualistic expression. What elevates my ability to view... Personal ment “The judgment of taste, therefore, is not a cognitive...
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Historical profile for an auction catalogue
5 pages (1250 words)
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...FOUR TREES – CLAUDE MONET Introduction 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 vividly in his paintings. He was very sure that he wanted to become an artist. He visited England and Holland in his lifer and in later stages settled in a small village on seine known as Giverny. The painting in discussion is the painting he painted in these times while he was living in Giverny. Impressionism initially attracted a lot of criticism from French art society. The name... TREES –...
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Auctions - Microeconomics 3rd Year
4 pages (1000 words)
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...Auctions Question Discuss the proposition that (a) the Dutch auction and the second-price sealed bid auction are always equivalent, (b) the Englishauction and the second-price sealed-bid auction can be equivalent in an independent private value model, and (c) all four types of auction are equivalent to a risk-neutral seller in an independent private value model if the bidders are symmetric and risk neutral. An Auction is a mechanism whereby a seller tries to sell some objects to a number of potential buyers whose willingness to buy is unknown. Auctions play a very important role in the allocation of resources, especially those which are limited in supply. It is used for goods... for which...
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Answer two question
5 pages (1250 words)
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...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 any person purchased any land from government-held auction previously, further he/she cannot appear in the auction second time. Toan is observed to be a developer who had appeared previously in the government auction and also bid or owned a land... from the auction. Furthermore, Toan wanted to buy or hold another land from the government auction to be held recently. In order to own another land from the auction, Toan formed a proprietary company with whose name he thought of taking part in...
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Computer Security
3 pages (750 words)
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...auction as discussed in Ozment that is immune to the factors discussed in Klemperer? What perverse incentives mightbe created? How does perfect pricing created by auctions compare with perfect pricing created by price discrimination? 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 plan to, avoid bidding up prices. In this element bidders can use the early stages to their advantage, since the prices then are low, to decide amongst... themselves who should win which...
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Underwriting: Equity and dept
2 pages (500 words)
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...Auction process for UK government securities 3 References 5 Underwriting risks for investment banks in IPO The investment banks play the role of underwriters during the launch of IPOs by several companies that are looking to raise money from the market. In order to raise money from the market, the companies issue shares through the process of initial public offering. There are various factors that are involved for successful launch of the IPOs. These include the availability of the public investors, the promotion of the stocks offered in the market and the demand for these stocks that are issued during the IPO... Underwriting: Equity and dept Contents Underwriting risks for investment banks in IPO 3...
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Computer Security
3 pages (750 words)
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...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? 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 plan to, avoid bidding up prices. In this element bidders can use the early stages to their advantage, since the prices then are low, to decide amongst... ?Would it be possible to design an auction...
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5 forces model
1 pages (250 words)
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...Auction Industry 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 threat on eBay’s market share, which has an effect on eBay’s profits. Conversely, the simplicity of establishing start-ups makes the suppliers in the online auction industry possess little bargaining power and play a minimal role in eBay’s strategy. In addition, the online bidding platform used by eBay ensures that suppliers do not have a high bargaining power since the buyers... Five Forces Model in the Online...
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Database Design and Implementation
20 pages (5000 words)
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...auction site gaining popularity close to that of e-bay. 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 purchasing sites. A major pitfall exists in the payment duration; the buyer’s payment can take up to a fortnight since it goes through Ubid which can cause a serious cash flow problem for the new sellers. 1.1.2 http://www.ebid.net/ E-bid auction is one... Database Design and Implementation Faculty: Department: Module Academic Year: Semester Data investigation and capture 1 of the three websites chosen 1.1.1 http://www.ubid.com This is an online auct...
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Information Systems
8 pages (2000 words)
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...Auction I. Aalsmeer Flower Auction Around 1911, Flower Auctions were only held in cafes around Aalsmeer when growers fromall 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. In 2006, the Aalsmeer Flower Auction has started taking in international members outside the EU. In 2007, FloraHolland and Aalsmeer Flower Auction merged to become the biggest Flower Auction house in the world to respond to the challenges and growing sophistication of the flower industry. (Aalsmeer Flower Auction 2006... ) FloraHolland flower...
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East Coast Yachts
2 pages (500 words)
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...auction based IPO is attractive for East Coast Yachts (ECY) because of the lowerexpenses in comparison to the traditional IPO. 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 company stock. In the Dutch auction, though companies need an investment bank for underwriting the IPO but the costs, in comparison to traditional route, are lower. Also, investors can enter only one bid and not multiple bids at different quantities. In this kind of bid process, the allotment is made "to the bidders from the highest bids down, until all of the allotted share are assigned" (Investopedia... East Coast Yachts Answer A Dutch...
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Experimental economics summary paper
2 pages (500 words)
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...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. The experiment consisted of 12 experimental sessions. The laboratory design of each experiment question consisted of an auction market with four buyers and sellers. Buyers made money by buying from the sellers and reselling to the experimenter, while sellers made money by buying from the experimenter and reselling to the buyers. Each market involved a series of trading periods... ?Summary of the article: The objectives of this study are to examine the applicability and accuracy of the textbook model as applied to auction ...
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Initial Public Offering
5 pages (1250 words)
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...auction... ?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. Although in most cases, a relatively small company that is new within its industry completes an IPO seeking to gain funding from the public in order to finance its growth, some larger companies that have been nurtured and strengthened by a small pool of private investors desire the benefits of publically traded stock....
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The housing market in Sydney
3 pages (750 words)
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...auctions in the Sydney housing market (Bidder’s Guide, 2011). In terms of common or private value auctions... 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 thehousing 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. Within this context of understanding, I recognize that recent shifts in the nature of the global economy have recently affected the Australian real estate market in a variety of contexts. Still, it’s clear from investigation that many of the structural elements remain in place; as such, this...
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Independent Review of the Housing Market in Sydney
3 pages (750 words)
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...auctions in the Sydney housing market (Bidder’s Guide, 2011). In terms of common or private value auctions... ?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. Within this context of understanding, I recognize that recent shifts in the nature of the global economy have recently affected the Australian real estate market in a variety of contexts. Still, it’s clear from investigation that many of the structural elements remain in place; as such, this...
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Google
4 pages (1000 words)
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...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. In place of the standard system -- in which underwriters sometimes had let favored investors buy shares and priced the offerings low so those investors made quick gains -- Google would use a "Dutch auction."" (Delaney, September 2005) Google's offer price was $85, and it opened at $100... Google's Initial Public Offering The performance of Google, which debuted using the online auction ...
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Systems Analysis, Design and Development (Object Oriented using UML)
13 pages (3250 words)
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...auction of cars and motorcycles is being held online. The domain of the system would span from the seller of the vehicles to the buyer of the vehicles to the vehicles themselves and to the payment transaction that would eventually take place. The scope of the system is limited by time restrictions that bind each vehicle permitting it to remain available for auction only for a certain period of time. Objectives The objective of the systems is to create an interactive automate environment that would provide the provision of facilitating... ? Web Security Submitted to, Submitted By, of the Submitted on, [June 19th, Terms of Reference Scope The proposed system revolves around a scenario in which the auction...
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Commercial law - case study
4 pages (1000 words)
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...Auctioneers do not incur any liability under Contract Law for Wendys losses incurred by the incorrectly advertised date of the auction. The threshold issue under this item is whether the advertised date of auction posted by Fantastic Furniture Auctioneers is an offer of sale. The second issue is whether there is a completed contract between Wendy and Fantastic Furniture Auctioneers. Under Australian law, the incorrectly advertised date of the auction posted by Fantastic Furniture Auctioneers is not an offer of sale. The requisites for a valid and binding contract are not present and have not been complied with. It is to be treated merely... as an invitation to participate in the advertised...
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Experimental economics, summary paper
2 pages (500 words)
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...Auctions Work for Wine and Art written by Orley Ashenfelter discusses the particular behavior of English auctions in regards to the movement of wines and arts. The behavior of price in these auction settings at times fail to follow the basic laws of prices. The article describes empirical regularities that have been observed in auction markets of these two items. In the English auction system there is a mechanism known as a reserve price. The reserve price is the minimum price the bidders have to reach for the sale to occur. The people bidding do not know the reserve price. Another rule is that the seller cannot bid on himself to avoid prices going... up artificially. This practice is...
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Case study Case Study
6 pages (1500 words) , Download 1
...auction, the defendant had not stipulated that the aircraft be inspected first by the buyer. Question 5: The defendant argued there was no binding and enforceable agreement, what were the components of this argument (4 marks) The defendant's argument was manifold-one part of which was that since the plaintiff had been removed as a user from eBay, there was no agreement. There were four additional... Assignment (Answers in Bold) Part A The following questions were answered based on the case of: Peter Smythe v Vincent Thomas [2007] NSWSC844 (3 August 2007) Available at: http://www.austlii.edu.au/au/cases/nsw/supreme_ct/2007/844.html. Question 1: In what court was the case heard (1 mark) The case was hea...
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An IPO for Twitter
4 pages (1000 words)
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...auction – based IPO instead of the traditional IPO when they decide to go public. Twitter is a social networking and microblogging service site that allows you to key in messages up to one hundred and forty characters called “tweets”. My goal in this paper is to support and defend my decision that it is best to use an auction – based IPO when Twitter decides to go public. An IPO is an acronym that stands for Initial Public Offering which refers to the first sale of stocks by a privately owned company to the public. IPO’s are often used... ? An IPO for Twitter? Ryan Rickert TUI Being the third largest social – networking site in the United s, powered by its global onlineaudience, Twitter should use the...
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Contract and procurement management
8 pages (2000 words)
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...Auction 4 Benefits for Buyers 5 Benefits for Suppliers 6 Business Case Dealing With Proposed Solution 6 Background of the Project 6 The Expected Business Benefits 6 The Options Considered 7 The Expected Costs of the Project 7 A Gap Analysis and the Expected Risks 7 Conclusion 7 References 9 Options Appraisal Report The situation described in this case study is too much complex. The situation is so tricky that it is not an easy... Table of Contents Options Appraisal Report 2 Possible Re-Procurement Approaches 2 Partner Relationships 3 Service Levels and Cooperation 3 Flexibility and Responsiveness 3 Buying and Sustainability 3 Optimizing Technology 4 Looking Inward 4 Potential Benefits of a Reverse E-Aucti...
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FIN501 MOD 1 Case assign
4 pages (1000 words)
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...auction... or traditional book building techniques. AVG should issue shares through an online auction technique, which is better than the traditional method in almost all aspects. The online auction reaches more investors, it reduces the risks of under or overpricing, and the technique is less costly than book building (Corr, 2007). The organization should follow the rules of the technique strictly to avoid leaving out investors like Google did in 2007. Online Auction Attracts more Investors than Book Building I would advice AVG to issue its IPO using the online auction because the method is less costly, reaches more...
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Contemporary Art in Russia
3 pages (750 words)
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...auction, but it was closed in 1988. The auction was later reopened in 2007 (Gleadell, p. 1). 22 years ago, the Russian art market was withdrawn from the rest... Contemporary Art in Russia Introduction Perestroika refers to a period of modernization in Russia. The political economic movement in Russia in 1980s formulated a policy called the perestroika. This policy resulted to the disintegration of the Union and the revolutions in the region. This policy enabled independent action from the government agency and introduced market reforms. It ended command economy and enhanced socialism with the aim of improving the needs of consumers. It gave the Union new foreign policies that achieved political power....
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Literature review and critique of TAC/AA games
10 pages (2500 words)
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...Auctions are popular, distributed as well as independent safeguarding methods of assigning things among many agents (Sandholm 2000). They are fairly proficient in terms of outcome and process. The widespread use of the internet has caused the internet auctions (e-auctions) to become very popular so as to trade the increased number of items. The internet offers the perfect infrastructure and market information for carrying out auctions at low administrative costs. Internet advertising offers a considerable source of income for online publishers and this amount to billions of dollar yearly. Auctioning attracts much interest and has been employed in various market places... ? TCA/AA Games TAC/AA Games...
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DQ1 e-activity and DQ2 Competitive Advantage
2 pages (500 words)
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...Auction Industry The online auction industry experiences robust growth due to the ongoing global internet and technological innovations although Yahoo, Amazon, and eBay are the most dominant firms in the industry (Bajari & Hortaçsu, 2004, p. 459). Nevertheless... E-Activity and Competitive Advantage QD1 Activity: E-Activity The five competitive forces that shape strategy Porter (2008a) identified the five competitive forces that shaped strategy as the threat posed by new entrants, the intensity of rivalry, threat posed by substitutes, the bargaining power of buyers, and suppliers’ bargaining power. Hill and Jones (2009) identified the risks posed by new entrants and substitute products on an existing...
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Assignment DECISION CASE ANALYSIS
10 pages (2500 words)
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...auction and e- sourcing software. Their software is easy to use with the professional process and transparent pricing (Cogswell, 2004). Market Dojo offers both reverse auction and forward auction. The history of e- auction goes way back in 500 BC in Babylon, where daughters were sold through e- auction though it was considered unlawful. Later in 193 AD... Strategic Growth plan al Affiliation: STRATEGIC GROWTH PLAN Introduction Market Dojo is a new e- procurement software company basedin Southwest of United Kingdom. The company was founded by graduate students at Bristol University, who had experience in advanced software, procurement, engineering, and consultancy. The company currently offers e- auction...
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New York Times Article Review in environment
2 pages (500 words)
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...auction of greenhouse gas emissions permits. It is estimated that about 30% of greenhouse gas emissions comes from electricity-generating power plants. Electricity efficiency is a principle way of reducing emissions quickly and at low cost. New technologies, such as high-efficiency heating and cooling equipment in office... The reduction of greenhouse gas emissions has been an issue on discussion for long already. A new initiative to be undertaken by the Northeastern states, members of the Regional Greenhouse Gas Initiative, later this year represents a revolutionary decision for the problem of electricity efficiency. Massachusetts and other Northeastern states are going to hold the nation’s first...
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Case study
6 pages (1500 words)
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...auctioneer itself but just facilitates the sellers to advertise their products and sell them using an online platform. Whilst the defendant may cite the absence of a legal statute that is binding in the contract, the terms of selling and buying as stipulated by eBay are open and very clear for all the participants to easily understand. Acknowledgement by all the participants is a mandatory requirement for participating. Whilst eBay would only facilitate the payment for the items sold between two parties, both of them would have agreed to the terms and conditions of the bid which is not entered into under any jurisdiction but where the highest bidder walks away with the item. Whilst... Part A The case was ...
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Business Requirements
6 pages (1500 words)
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...Auction Analytics (Clifton, 2012). Based on the expert and hard working workforce base at Auction Analytics, this project aims at provision of a more advanced technological infrastructure necessary in leveraging the company’s web analytics services thus aiding in promoting its competitive advantage. Major emphasis has been laid on development of a real time web analytics software capable in handling multi-users at the same time... Business Requirements Table of Contents Table of Contents 2 0 Business Requirements 3 1 Project overview 3 2 Background including current process 4 1.3 Scope 4 1.3.1 Scope of project 4 1.3.2 Constraints and assumptions 7 1.3.3 Risks 7 1.3.4 Scope Control 7 1.3.5 Relationship to...
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Strategic Management of IS/IT
8 pages (2000 words)
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...auction e-commerce business model in which the consumer who places the highest... Gaining Competitive Advantage Through the E-commerce Leverage There are various types of e-commerce business models which have aimed to leverage on the power of Internet technology. A brief account of these models are presented below. These are adopted from Ius Mentis (http://www.iusmentis.com/business/ecommerce/businessmodels/). The first type of ecommerce model is dubbed the merchant, which sells goods and services either on wholesale or retail basis. Basically, the seller presents information about their offering online where they also have a facility for allowing them to order with a click. Prices are negotiable, and th...
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Australia Housing Market
3 pages (750 words)
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...auctioning in the city Australia Housing Market. Sydney’s housing systems is among the world's most expensive housing systems. This situation has lasted for quite some time (Michael, 2008 1). Different sections of the city attract varying house prices, which is an ownership factor that has greatly affected the potential buyers who like the media are obsessed with this subject. Structures erected closer to the city are more expensive than those in the outskirts and get... ? Australian Housing Market Insert Australian Housing Market Introduction Property ownership is a mater which usually is considered with a lot of seriousness in the society. The fact that it relives individuals and the families off the...
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INITIAL PUBLIC OFFERINGS
5 pages (1250 words)
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...auction. In this research essay, I will discuss the two types of IPO issues and look into lessons learned from the module one case. The traditional approach to getting capital has usually been the way to go for most companies seeking equity. However, with the advent of the internet and technology some start-ups are choosing to do online... ? INITIAL PUBLIC OFFERING AVG was established in 1991. The company was formed with the purpose of protecting internetand computer users around the world by using innovative technology (AVG Technologies Announces Filing for Proposed Initial Public Offering , 2012). AVG has received success over the years and is now one of the most successful security software companies. ...
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Used Car Acquisition, 180 Day Cycle
4 pages (1000 words)
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...Auctions occur on a particular day of the week or specified days of the month. In order to access the best deals, each auction will be called or listings of autos reviewed a day prior... Used Car Acquisition, 180 Day Cycle Used car sources typically acquire new used car inventory on a regular basis. Dealerships typically get fleetsor lots of used vehicles no more than twice each week, depending on sources. Fifteen dealerships will be called twice each week, based on days each location takes in new inventory. Every dealership receives used cars on different days, other than the trade ins they receive on new or nearly new cars. A rotating schedule of calling each dealership twice per week wil...
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Research Business Concept Outline
2 pages (500 words)
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...auction site offering vacation packages to visitors and tourists... Australia is home to many small and medium size businesses, particularly in the hospitality industry. Hotels, bed and breakfasts, restaurants, golfcourses, art museums, theatres and many more are small enough that they could benefit greatly from increased online exposure for prospective visitors from inside and outside of Australia. As online booking features already exists for many businesses, especially room accommodations, restaurants and golf courses, I propose to operate a site where businesses in Australia combine their services into vacation packages for online bidders, Similar to eBay,1 Vacation Bay will be an online auction...
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Economic analyses of collusive bidding behavior
8 pages (2000 words)
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...Auction for School Milk……………………………………….. 4 3.1 Market Prices of School Milk Supply ………………………. 5 3.2 Consumer Welfare …………………………………………… 7 3.3 Potential Competitors on Market Competition …………….. 7 4. Key Economic Issues behind the Development of Collusion in School Milk Auction ………………………………………………………. 8 5... Economic Analyses of Collusive Bidding Behaviour - The Ohio School Milk Case - Total Number ofWords: 2,033 Table of Contents 1. Introduction ……………………………………………………………….. 3 1.1 Thesis Statement …………………………………………….. 3 1.2 Purpose of the Study ………………………………………… 4 2. Market of School Milk Supply …………………………………………... 4 3. Economic Issues behind the Procurement Process and the Nature of Au...
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Information systems
8 pages (2000 words)
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...Auctions that is owned by a group of 5,000 flower growers. The auction provides a platform for buyers and sellers and allows them to negotiate prices. The auction currently takes place at Aalsmeers offices which gets full to the brim when the buyers and sellers get together. The price determining mechanism at Aaslmeer is by the clock, each auction is given a specific time after which it is sealed. The offices also have inventories of the flowers that are traded everyday and most of the work is done manually. Issues It favours the growers over the buyers Price determining window can be as small as 4... Aalsmeer Case Study and Section # of AALSMEER’S CURRENT POSITION Aalsmeer is one of the largest Dutch...
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E-commerce, Distance Selling Regulations
4 pages (1000 words)
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...auction sites. Status of internet auctions The traditional auction serves as platform where buyers and sellers meet and bid on different items with the result that the higher bidder has the opportunity to buy the item in question. There has been much academic debate as to whether online auctions are in fact real auctions.1 Section 57 (2) of the Sale of Goods Act 1979 provides that 'a sale by auction is complete when the auctioneer announces its completion by the fall of the hammer, or in other customary manner'. Therefore it may be said... 1. Consider the issues which arise in applying the implied term that goods should be of satisfactory quality in the context of goods purchased through internet...
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Analytics, Interfaces, and Cloud Technology
6 pages (1500 words)
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...Auction Analytics’ most essential day-to-day business objective is to deliverhigh quality web analytics services to our clients. It is however vital to note that, achievement of this goal or objective especially in our current speedy advancing technological world, Auction Analytics has to stay in touch with all crucial technological advancements (Hill, 2013). To be precise, a wide number of companies all around the globe have always been promoting their competitive advantage through the adoption of Analytics and Cloud Technology. In fact, Analytics and Cloud Technology has become one of the most essential elements for the success of any company... in the global market. In this sense, the...
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Press Release
1 pages (250 words)
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...Auction Fundraiser. From its humble beginnings in May 1993 as a small group that was started by a few professional musicians and supporters, the Youth Orchestra of Greater Columbus has grown to become the home of the areas young musical talent. More than 19 years after its inception, the YOGC has grown to attract more than 100 students from over 20 Greater Columbus public schools and several home schools. According to the YOGC’s director Mrs. Dottie Brown, “The band exists to serve as the community, by providing an opportunity through which, the young people... For Immediate Release Contact Person: Phone: E-Mail: Youth Orchestra of Greater Columbus Youth Orchestra of Greater Columbus Celebrity Pie...
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