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Essay's paper info
| Topic: |
Technology
|
| Number of pages / Number of words: |
10 / 2787 |
Essay's paper body
However, they have to sell them cheap because they do not have buyer for their belongings. UUM provides online advertisement service in shoutbox to all UUM’s residents, however the shoutbox does not help much because there is no mechanism of fixing/achieving a good price for the items. Thus, this problem can be overcame by an auction as mentioned in the study of Wenyan and Bolivar (2008), that an auction is a selling mechanism where a plurality of goods or services is open to bids and then transferred to the winning bidder or bidders...
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Thus, this problem can be overcame by an auction as mentioned in the study of Wenyan and Bolivar (2008), that an auction is a selling mechanism where a plurality of goods or services is open to bids and then transferred to the winning bidder or bidders. Economic theory considers the auction formats as efficient pricing mechanisms...
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General points of the essay
Online Writing
Consumer behavior - Goal-oriented and Experiential online buyer
GAP online
MBA Online
Online Recruitment Service
Price Fixing
How to win Online Poker
Online Auction
Online Banking
Online Education
Online Shopping
US Online Poker
America Online: Is It For Me?
Online Business
Online Communities.
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