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.

Ebay
Order Description
Company History and General Business Model
How did the company get started?
What are their major sources of revenue?
What are their major expense?

Ebay
Order Description
Company History and General Business Model
How did the company get started?
What are their major sources of revenue?
What are their major expense?