Case Study 5 - Douglas Silber MBA540 Case Study 5 April 10,...

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Douglas Silber MBA540 Case Study 5 April 10, 2011 I certify that I am the author of this assignment and that any assistance I received in its preparation is fully acknowledged and disclosed in the assignment. I have also cited any sources from which I have used. I also certify that this assignment was prepared by me specifically for this course. 1. How does eBay create value? eBay has created value by lowering transaction costs. The eBay site and other sites like eBay helped create a market where an uncountable number of items are sold over the internet daily. 2. What potential contracting problems exist on eBay? By eBay offering their users guarantees, a contracting problem could arise from eBay defaulting on one of these guarantees. Being that eBay has limited control on a seller giving false information on products the seller is selling, a buyer may be sold an item or items under false pretenses or misled, a seller may not deliver an item once it is paid for, buyers may not pay for items, or other problems between buyers and sellers
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Case Study 5 - Douglas Silber MBA540 Case Study 5 April 10,...

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