• Title/Summary/Keyword: eBay

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On eBay's Fee Structure from a Channel Coordination Perspective

  • Chen, Jen-Ming;Cheng, Hung-Liang;Chien, Mei-Chen
    • Industrial Engineering and Management Systems
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    • v.9 no.2
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    • pp.97-106
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    • 2010
  • Can eBay.com's fee structure coordinate the channel? It's a critical strategic problem in e-commerce operations and an interesting research hypothesis as well. eBay's fees include three parts: monthly subscription fee, insertion fee, and final value fee (i.e., a revenue sharing portion), which represent a generic form of revenue sharing fee structure between the retailer and the vendor in a supply chain. This research deals with such a channel consisting of a price-setting vendor who sells products through eBay's marketplace exclusively to the end customers. The up- and down-stream channel relationship is consignment-based revenue sharing. We use a game-theoretic approach with assumption of the retailer (i.e., eBay.com) being a Stackelberg-leader and the vendor being a follower. The Stackelberg-leader decides on the terms of revenue sharing contract (i.e., fee structure), and the follower (vendor) decides on how many units to sell and the items' selling price. This study formulates several profit-maximization models by considering the effects of the retail price on the demand function. Under such settings, we show that eBay's fee structure can improve the channel efficiency; yet it cannot coordinate the channel optimally.

eBay: Smart Entry Strategy into the Korean Market Through M&A and its Post-Merger Integration

  • Park, Young-Eun;Allui, Alawiya
    • Journal of Distribution Science
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    • v.17 no.1
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    • pp.47-56
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    • 2019
  • Purpose - This case study illustrates the story of eBay Korea, which owns two most leading Korean open market companies, AUCTION and Gmarket. The main concerns are to take over the Korean top domestic companies one by one, then, emerge these two giants through its well-developed post-merger Integration by eBay, an American multinational corporation. Research design, data, and methodology - This case explores various secondary resources such as periodicals, annual reviews, magazine, news articles, commentaries, even some interview materials related to 'eBay Korea' and industry source on condition of anonymity based on the critical reviewing of existing studies on these topics as well. Results - The findings of this study show the merger and acquisition of two market leaders in Korea is the only successful case in Asian Markets. The eBay's choice of entry mode is appropriate considering the timing, synergy and efficiency by sharing their resources. Conclusions - This study examines the successful entry and settlement process of foreign, multinational company through mergers and acquisitions in the Korean market. This would be a valuable in the studies of International Business and Global entry or distribution strategy in the e-commerce and open market dealing with M&A and its post-merger integration.

A Study On the Transformation of types of Windows and Doors with Full-Openable Bay size in Korean Buddhist Temples (사찰불전의 전간개방 창호 형식변화에 관한 연구)

  • 곽동영;조영화
    • Journal of the Korean housing association
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    • v.9 no.1
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    • pp.11-19
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    • 1998
  • A transitional trend of architectural elements which would happen naturally in a building may be a cue to the changes of the times. In this respect, this study is to investigate the transformation of types of windows and doors with the full-openable bay size in Korean Buddhist Temples and search for transitional process on types of windows and doors according to the flow of the times. As the results of this study, the following conclusion could be obtained. 1. The type of bunhap(connected door frame) Deul E-Yul-Gae doors + Deul E-Yul-Gas (life up) single windows would be changed from windows of a bay just beside a on the transition that the whole would be altered into the same type. 2. The type of Bunhap (connected door frame)Deul E-Yul-Gae doors + Bunhap (connected door frame) Deul E-Yul-Gae doors would be changed into Bunhap swinging doors that the whole of windows and doors could be opend very easily. 3. The type of Bunhap swinging doors + Bunhap swinging doors would be seen in the transition that windows and doors would be altered separately due to the exchange from window and doors of one of a middle bay or a bay just beside a middle bay to swinging doors and etc.

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Sterols as Indicators of Fecal Pollution in Sediments from Shellfish Farming Areas (Yeoja Bay and Gangjin Bay) of Korea (분변계 스테롤을 이용한 남해안 패류양식어장(여자만과 강진만)의 퇴적물내 분변오염도 평가)

  • Choi, Minkyu;Lee, In-Seok;Hwang, Dong-Woon;Kim, Hyung Chul;Kim, Ye-Jung;Kim, Sook-Yang
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.46 no.4
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    • pp.437-444
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    • 2013
  • Eight fecal sterols were analyzed in surface sediments collected from shellfish farming areas in Yeoja Bay and Gangjin Bay, Korea, to evaluate sewage-derived fecal pollution. The concentrations of coprostanol, a good marker of sewage-derived organic contamination, in sediments were in the range of 10-530 ng/g-dry in Yeoja Bay, and 10-190 ng/g-dry in Gangjin Bay. Coprostanol levels were markedly higher in the inner bay than in the outer bay. These levels were lower than those reported in urbanized bays in Korea, however, they were comparable to levels in other shellfish farming areas including Gamak Bay. A multivariate analysis of the ratios of other sterols suggested that the sterols originated from sewage and plankton/benthos. Sewage was the dominant source at stations located close to the river mouth and wastewater treatment plant (WWTP) outfalls, and plankton/benthos was the primary source in the outer bay. These results suggest that management of point sources, e.g., WWTP as well as non-point sources, e.g., riverine inputs is important for improving the water quality in Yeoja Bay and Gangjin Bay.

Fisheries Resources in Garolim Bay (가로림만 어업자원에 관하여)

  • HUR Sung Bum;KIM Jong Man;YOO Jae Myung
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.17 no.1
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    • pp.68-80
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    • 1984
  • Garolim Bay is not only important fishing ground but also expected area for the tidal power plant. The construction and operation of tidal power plant will make change the ecosystem of this bay. Therefore, the actual fisheries stocks should be precisely understood for the effect estimation and overall utilization of the bay after the construction of the tidal power plant. During the study period from January through December in 1981, forty-six adult fishes species, 3 species of fish egg and 25 fishes larvae species have occurred in the bay. Considering the result on monthly distribution of eggs and larvae, the inner area of the bay seems to be important as nursing ground of larvae spawned at the outside bay in winter, e. g., Ammodytes personatus, and Enedrias sp. This inner bay is also major spawning ground for many species spawning in spring and summer, e. g., Gobiidae, Konosirus punctatus, Engraulis japonica, etc. Taking into consideration the annual mean production for three years($1978{\sim}1980$), there are two major fishing seasons. The one is in May-June for Enedrias larvae stock, and the another in October-November for big eyed herring stock. For the mariculture stocks, short necked clam, oyster and laver are important species. After construction of the tidal power plant, the migratory species, i. e., larvae of Enedrias and Ammodytes personatus, Mugil cephalus, Konosirus punctatus, etc. will be directly damaged by the interuption of migration route. On the otter hand, the change of physico-chemical factors of seawater will also affect the ecosystem of the bay. Consequently, for the overall utilization of the bay after construction, the actual ecosystem including the fisheries stocks, must bs precisely revealed, and the mechanical designs, e. g., sluice position and its demension, should be also considered with these biological characters of the bay.

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Distribution of Eggs and Larvae in Coastal Waters of Korea (우리나라 연안해역 난 및 자치어의 분포특성)

  • Baek, Jeong-Ik;Ji, Hwan-Sung;Yu, Hyo-Jae;Hwang, Kang-Seok;Kim, Doo-Nam
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.54 no.4
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    • pp.467-479
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    • 2021
  • The distribution and abundance of fish eggs and larvae were investigated from February to December 2020 along the coastal waters of Korea. The eggs and larvae were identified using the mitochondrial DNA cytochrome c oxidase subunit I (mtDNA COI) and 16s rRNA gene. During the study period, eggs of overall 45 taxa belonging to 26 families were collected and larvae of overall 39 taxa belonging to 23 families were collected. In Yeongil Bay, eggs of Engraulis japonicus, which accounted for 83.9% of the total population, was the most dominant species, followed by Sardinops sagax (4.0%), Repomucenus valenciennei (3.8%) and E. japonicus larvae, which accounted for 34.9% of the total population. These were followed by Sebastiscus marmoratus (31.0%). In Gomso Bay, E. japonicus eggs accounted for 61.7% of the total population, followed by Sillago japonica (14.0%), Johnius grypotus (8.8%) and Pholis fangi larvae, which accounted for 53.5% of the total population, followed by Ammodytes personatus (34.1%). In Jinhae Bay, E. japonicus eggs accounted for 86.0% of the total population, followed by Leiognathus nuchalis (4.1%), Konosirus punctatus (3.7%) and E. japonicus larvae, which accounted for 48.7% of the total population, followed by Parablennius yatabei (21.6%).

Auction Experience, Category Knowledge and Trust in eBay Stamp Auctions

  • Kim, Tae-Ha;Jaju, Anupam
    • Asia pacific journal of information systems
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    • v.20 no.3
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    • pp.33-49
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    • 2010
  • We empirically examine the impact of online auction knowledge and category-specific knowledge on the final price of online auctions. Specifically, we question how the relationship between buying and selling experiences affects the final prices of online auctions. Related to the trust between buyers and sellers, we examine the multiple interactions between a buyer-seller pairand aim to identify how these repeated transactions influence the final price. To contrast these effects with other product related factors, we focus on so called 'common value' auctions of vintage stamps on eBay, in which the ex-post value of the product is the same among participating agents’ perceived value. Online auction of stamps provides a representative setting to examine the relationship between market experience and the auction participation behavior in the common value auction, as it provides the book value of stamp as well as price variation across individual buyers with different expertise levels. Our analysis of over 3000 stamps auctions on eBay indicates a significantly high frequency of buyer-seller (pair) interactions, thus suggesting a 'relationship view' of auctions. The work validates five hypotheses derived from the existing theory in economics, marketing, and information systems. Through the common-value auction data, we find that seller's online auction experience and category-specific experience favor sellers by increasing the final price. However, buyer's online auction experience does not affect the final price, but buyer's category-specific experience favors buyers by decreasing the final price. We find that the trust between two trading parties increases the final price.

Marine Ecosystem Response to Nutrient Input Reduction in Jinhae Bay, South Korea

  • Oh, Hyun-Taik;Lee, Won-Chan;Koo, Jun-Ho;Park, Sung-Eun;Hong, Sok-Jin;Jung, Rae-Hong;Park, Jong-Soo
    • Journal of Environmental Science International
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    • v.15 no.9
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    • pp.819-827
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    • 2006
  • We study on the dynamic interaction with a simulated physical-biological coupled model response to nutrient reduction scenario in Jinhae Bay. According to the low relative errors, high regression coefficients of COD and DIN, and realistic distribution in comparison to the observation, our coupled model could be applicable for assessing the marine ecosystem response to nutrient input reduction in Jinhae Bay. Due to the new construction and expansion of sewage treatment plant from our government, we reduce 50% nutrient inputs near Masan Bay and sewage treatment plant. COD achieves Level II in Korea standard of the water quality from the middle of the Masan Bay to all around Jinhae Bay except the inner Masan Bay remaining at Level III. When our experiment reduces 50% nutrient inputs near Masan Bay and Dukdong sewage treatment plant simultaneously, COD decreases to about 0.1-1.2 mg/L $(128^{\circ}30'{\sim}128^{\circ}40'\;E,\;35^{\circ}05'{\sim}35^{\circ}11'\;N)$. The COD from the middle of the Masan Bay to Jinhae Bay achieves Level II.

Distributive Characterization of Estrogenic Activity in Sediments from Gwangyang Bay, Korea (광양만 퇴적물에서의 에스트로겐 활성분포 특성)

  • Han, Sang-Kuk;Park, Ji-Young
    • Journal of the Korean Society for Marine Environment & Energy
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    • v.10 no.2
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    • pp.86-92
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    • 2007
  • In this study, we tried to quantitatively study the distribution of estrogenic activity in sediment from Gwangyang Bay by E-screen assay. Besides, we compared the estrogenic activity and the concentration of chemical pollutants. The highest estrogenic activity was recorded at the stations(GY6 and GY8) close to industrial complex and the river mouth of Seomjin. These results obtained from the E-screen assay similar to those of simultaneous analytical detection of 310 chemicals. In particular, GY6 and GY8 sites are confirmed as the full agonist sites because of their RPE values were over 90% having strong estrogenic effect. Also, their EEQ(Estradiol Equivalency Quantity) values are 35.6 ng/g and 14.6 ng/g, low than that of other sites, and these results suggests that have relatively high estrogenic efficiency in Gwangyang Bay. From these results, we can estimate that the stations close to industrial complex and the river mouth of Seomjin are major sources of endocrine disrupter in Gwangyang Bay. On the other hand, when we tried to compare the endocrine disrupter activity and $COD_{Mn}$ value, that is not correlated.

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A method of environmental management using an ecological numerical model in Jindong Bay (진동만에서 생태계모델을 이용한 환경관리기법)

  • 김동선
    • Journal of Environmental Science International
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    • v.12 no.3
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    • pp.345-358
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    • 2003
  • Jindong bay at the northwestern part of Jinhae bay suffers from the occurrence of red tides in summer every year. In order to study the management methods of coastal environments, an ecological numerical model has been developed. The model experiments was forecasted that the load of nutrients from the land and field concentration will be cut down per 10% each. When we cut down 57.2% nitrogen load in the inner bay and 38.4% phosphorous load in the outer bay of bottom layer of the nutrients load from land and field concentration, the seawater quality standard levels up first grade. When we cut down 86.5% nutrients in the inner bay and 93.0% nutrients in the outer bay, the concentration of chlorophyll a decreases below 3.2 $\mu\textrm{g}$/(equation omitted)(an individual concentration of phytoplankton : 10,000cel1/ml), i.e. the red tides do not occur.