Question: I need some help for this question, thankyou very much~ a. E-commerce platform is used for facilitating the transaction between buyers and retailers. There are

I need some help for this question, thankyou very much~

a. E-commerce platform is used for facilitating the transaction between buyers and retailers. There are different platforms available in the market, such as Amazon, etc. i. Draw the payoff matrix of the selection of e-flatform between buyers and retailers. ii. Explain whether there is a dominant strategy for buyers and retailers. iii. What is the name of this game? iv. Does it have any Nash equilibrium? Retailers Strategy Platform A Platform B Platform A Platform B + = positive 0 = no gain no loss - = negative

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

What is an organization and what characteristics do organizations share?

I need some help for this question, thankyou very much~ E-commerce platform is used for facilitating the transaction between buyers and retailers. Draw the payoff matrix for this game. Explain...

In your assignment, please provide your comments and suggestions on the questions or issues stated in the question with the following case. Real examples are expected to provide in this assignment....

5. In operations and information management, in terms of contributing to competitive advantage, the greatest potential of the internet and ICT applications is in: a) providing information required in...

Please search for "New Entrants and the Role of Information Technology Case-Study: the Tele Flower Auction in the Netherlands" 1. The Henderson-Clark model of innovation identifies knowledge required...

Imagine being an advisor to Hank Harris. What would you suggest should be Seller Labs' competitive strategy going forward? (Please use the case study below to answer the question in two-three...

Hi Sara Hope you are doing well. I need to prepare Ratio Analysis for eBay company and Amazon. I uploaded the most recent 10-K report for the most recent years, 2014 to 2016. Please let me know if...

Suppose that the current exchange rate between the dollar and the euro is $1.42 = 1 (i.e., e0-$1.42) and the price per gallon of gas in the Euro zone is 1. Assume that the inflation rate is expected...

Hi Sara, Please find my attachments for your information. Thank you Masoumeh P 3-2 P 3-2 The following information was obtained from the accounts of Lukes, Inc., as of December 31, 2012. It is...

Hernandez Company had an Accounts Receivable balance of $640,000 and a credit balance in Allowance for Uncollectible Accounts of $33,400 at January 1, 2011. During the year, Hernandez recorded the...

Problem No. 6 A computer chip factory produces chips with distribution N~(, ) = (100, 4). The production size is 350 chips/hour for 6 hours. (a) The first improvement reduced to (,) = (100, 2.5) 1....

The first step in the strategic training and development process is to identify metrics to determine if training will be successful. Group startsTrue or False True, unselectedFalse, unselected

Digitalis is a technology company that makes high-end computer processors. Their newest processor, the luteA, is going to be sold directly to the public. The processor is to be sold for $3300, making...

Two buddies, Zeke and Bubba, plan a squirrel-hunting trip. Bubba is a better shot than Zeke. How much better? Bubba is 2-times a better shot than Zeke. Upon seeing a squirrel, Bubba and Zeke raise...

00 eVi dx and ex dx (if they converge) as Use a graphing calculator to estimate the improper integrals follows: a. Define y1 to be the definite integral (using Fnint) of eVi from O to x b. Define y2...

Write the schematic representation and reaction of the cell composed of SHE and cadmium electrode. Deduce the half-reaction potential of the cadmium electrode from the E cell = - 0.403 V. Is the...

5. What can we say about carbocations? a. They have an sp3 hybridized carbon atom. b. They behave as Lewis bases. c. They have a trigonal planar geometry. d. They form as intermediates in S 2...

1. What kind of test will measure reservoir pressure in a well? 2. What device anchors a packer

2. Now list, after going through a-c, three things that you want to be the impres-sion you want others to be left with after meeting you, and that you want to be lasting over time. List four points...

Relax your shoulders

Keep your head straight on your shoulders