|
Whilst badderman is pretty much entirely correct, Ebay is still good for the economy. This is
because it takes advantage of technology to bring buyers and sellers together whilst also using an
auction system so items are sold for as near as possible to their correct value. This improves the
efficiency of the market and improves the allocation of resources to closer approaching Pareto
(perfect) allocation. |
| |
|
| |
|
| |
|
|
|
Yay. Go ebay. I agree. Ebay was a great idea. Good company. |
| |
|
| |
|
|
|
 |
|
In theory your argument has merit, but as usual crumbles when presented with the hard facts. You
state that Ebay is great because consumers give money to other consumers instead of large companies.
Most trusted sellers on ebay are power sellers, who are medium sized businesses buying directly from
large companies. The large companies therefore have increased business because of ebay.
Secondly, lets look at these "large companies", Ebay, you will find is one of the largest companies
in the world now. It takes a percentage on millions of transactions a year and we, the consumer have
been paying them so much money over the last 10 odd years that tey have become one of the most
profitable organisations in the world. Their outgoings are minimal, overheads pretty much
non-existant. You my friend, have created the "large companies" you so readily denounce... |
| |
|
| |
|
|
|
26 May 2008 22:30
Sign In
For and Against Recent Activity
