Online Price Behavior and eBay\u27s Price Advantage

EBay is one of the world\u27s most popular auction websites. Millions of buyers and sellers use eBay as a medium for e-commerce everyday. In this paper I will explain that one of the primary reasons for the success of this company is the perception that on average, eBay offers the best price between any two new like kind products. There are many factors that effect prices online and offline. Online purchasing and transaction behavior play a large roll in the actual prices that can be charged. Traditional retail establishments (retail establishments that have a physical location) have historically been the primary shopping location for all consumers. With the proliferation of the Internet and the advancement of the technology that surround it there has been a rapid increase in the amount of purchases and transactions that are being conducted online. This paper will present the benefits that online purchasing and online transactions in general present to individual consumers and businesses. It will also discuss how these parties are taking advantage of online resources. There are also inherent disadvantages and in some cases dangers with regards to online transactions. All of these factors impact the prices that can be charged online and offline. After presenting the differences in average prices between identical goods found on eBay compared to those same goods found in traditional online and offline retail establishments, information surrounding the current and future online consumer behavior will attempt to explain the reason for price discrepancies. Also th.is same information should be able to provide insights about online price behavior in the futur

Finishing the euchromatic sequence of the human genome

The sequence of the human genome encodes the genetic instructions for human physiology, as well as rich information about human evolution. In 2001, the International Human Genome Sequencing Consortium reported a draft sequence of the euchromatic portion of the human genome. Since then, the international collaboration has worked to convert this draft into a genome sequence with high accuracy and nearly complete coverage. Here, we report the result of this finishing process. The current genome sequence (Build 35) contains 2.85 billion nucleotides interrupted by only 341 gaps. It covers ∼99% of the euchromatic genome and is accurate to an error rate of ∼1 event per 100,000 bases. Many of the remaining euchromatic gaps are associated with segmental duplications and will require focused work with new methods. The near-complete sequence, the first for a vertebrate, greatly improves the precision of biological analyses of the human genome including studies of gene number, birth and death. Notably, the human enome seems to encode only 20,000-25,000 protein-coding genes. The genome sequence reported here should serve as a firm foundation for biomedical research in the decades ahead