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Topic: Technology
Number of pages / Number of words: 10 / 2787
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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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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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