Question pertaining to EBay
1. How does eBay create value?
2. What potential contracting problesm exist on ebay?
3. How does eBay address these problems?
4. What are the contracting cost at ebay
5. EBay claims that it has only a small problem with fraud and misuse of the sytem. Does this imply that it is overinvesting in addressing potention contracting problems? Underinvesting? Explain.