{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-13T17:18:08-04:00", "answer_date": "2024-06-13 17:18:08", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2976360", "url": "\/study-help\/questions\/google-is-the-owner-of-android-the-operating-system-used-2976360", "question_creation_date_js": "2024-06-13T17:18:08-04:00", "question_creation_date": "Jun 13, 2024 05:18 PM", "meta_title": "[Solved] Google is the owner of Android, the opera | SolutionInn", "meta_description": "Answer of - Google is the owner of Android, the operating system used by a large fraction of smartphones. Google also owns a searc | SolutionInn", "meta_keywords": "google,owner,android,operating,system,large,fraction,smartphones,owns,search,engine,browser", "question_title_h1": "Google is the owner of Android, the operating system used by a large fraction of smartphones. Google also owns a search engine(Google)and a browser (Chrome).", "question_title": "Google is the owner of Android, the operating system used by a", "question_title_for_js_snippet": "Google is the owner of Android, the operating system used by a large fraction of smartphones Google also owns a search engine(Google)and a browser (Chrome) This gives Google the possibility to default users of Android phones into using its products As part of a settlement with the European Commission(competition regulator), Google agreed to offer new phone users choice screens presenting several options for Browser search engine To determine the identity of competitors appearing on the screen Google chose to use an auction Search engines and web browsers make money by showing ads and by selling users' information Some companies offer services that protect users' information(e g , Bingor DuckDuckGo) But there are less well known services that most informed users wouldn't choose These services rake more profit per user, as they apply substantially less stringent privacy measures In this question, we'll assume for simplicity that there is only one high quality competitor (H) and one low quality competitor(L), and that they are competing for a single slot on the choice screen as an alternative to Google(in practice, the numbers are larger) We will also assume that the probability that a user would choose H over Google is 15 and that the probability they would choose Lover Google is 0 1 Furthermore, we will assume that H's profit from each user is $10,and L's profit is $20 This information is known to both competitors It is summarized in the table below Competitor Profit per installation Probability of installation H $10 15 L $20 1 Google decided to make H and L submit bids per installation, and run an auction to determine the winner The winner will be displayed for a while on all choice screens In this question, we will imagine this period represents one million choice screens Assume that Google chose to allocate the available slot using the second price auction (In practice, in each country they used ak the price auction, which is a generalization of this format for situations where there's more than one slot) 1 What would be the bids of Hand Lper installation 2 Who would win the auction 3 How much revenue will the auction generate for Google Now consider an alternative auction design where bids are for the entire period(all million screens), and do not depend on the number of installations 4 What would be the bids of Hand L 5 Who would win the auction 6 How much revenue will the auction generate for Google 7 Bonus which of these formats would you advise Google to choose Does it matter Google is the owner of Android, the operating system used by a large fraction of smartphones Google also owns a search engine(Google)and a browser (Chrome) This gives Google the possibility to default users of Android phones into using its products As part of a settlement with the European Commission(competition regulator), Google agreed to offer new phone users choice screens presenting several options for Browser search engine To determine the identity of competitors appearing on the screen Google chose to use an auction Search engines and web browsers make money by showing ads and by selling users' information Some companies offer services that protect users' information(e g , Bingor DuckDuckGo) But there are less well known services that most informed users wouldn't choose These services rake more profit per user, as they apply substantially less stringent privacy measures In this question, we'll assume for simplicity that there is only one high quality competitor (H) and one low quality competitor(L), and that they are competing for a single slot on the choice screen as an alternative to Google(in practice, the numbers are larger) We will also assume that the probability that a user would choose H over Google is 15 and that the probability they would choose Lover Google is 0 1 Furthermore, we will assume that H's profit from each user is $10,and L's profit is $20 This information is known to both competitors It is summarized in the table below Competitor Profit per installation Probability of installation H $10 15 L $20 1 Google decided to make H and L submit bids per installation, and run an auction to determine the winner The winner will be displayed for a while on all choice screens In this question, we will imagine this period represents one million choice screens Assume that Google chose to allocate the available slot using the second price auction (In practice, in each country they used ak th price auction, which is a generalization of this format for situations where there's more than one slot) 1 What would be the bids of Hand Lper installation 2 Who would win the auction 3 How much revenue will the auction generate for Google Now consider an alternative auction design where bids are for the entire period(all million screens), and do not depend on the number of installations 4 What would be the bids of Hand L 5 Who would win the auction 6 How much revenue will the auction generate for Google 7 Bonus which of these formats would you advise Google to choose Does it matter Exercise I Problem Solving The following items were extracted from the books of AL BANAKIN BUSINESS on 31 December 2015, after the preparation of Trading Account for the year ended 31 December 2015 Analyze by preparing the Trading Accounts Sales 160,000 Closing Stocks 20,000 Opening Stocks 50,000 Purchases 80,000 Sales Returns 9,000 Show your workings here Heart sounds heard with a stethoscope are caused by closing of valves on the left side of the heart and then on the right side of the heart opening and closing of heart valves O' closing of heart valves closing of valves on the right side of the heart and then on the left side of the heart e opening of heart valvesQUESTION 10 What is the price of money O One dollar O The interest rate O A transaction cost The opportunity cost QUESTION 11 How do economists predict the demand for low skilled workers will be affected by an increase in technology O It will decrease It will remain It will increase O Economists do not have an opinion on this QUESTION 12 If a 3 increase in P results in a 1 decrease in Q, how would you describe demand for this good Elastic D Inelastic O Low Unit elasticQuestion 13 If an efficient country trades with the rest of the world, it consumes at a point that lies a on a consumption possibilities curve that is flatter than its production possibilities curve b on a consumption possibilities curve that is steeper than its production possibilities curve on a consumption possibilities curve that is either steeper or flatter than its production possibilities curve d on its production possibilities curve", "question_description": "
Google is the owner of Android, the operating system used by a large fraction of smartphones. Google also owns a search engine(Google)and a browser (Chrome). This gives Google the possibility to default users of Android phones into using its products. As part of a settlement with the European Commission(competition regulator), Google agreed to offer new phone users \"choice screens\" presenting several options for Browser\/search engine. To determine the identity of competitors appearing on the screen Google chose to use an auction. Search engines and web browsers make money by showing ads and by selling users' information. Some companies offer services that protect users' information(e.g., Bingor DuckDuckGo). But there are less well-known services that most informed users wouldn't choose. These services rake more profit per user, as they apply substantially less stringent privacy measures. In this question, we'll assume for simplicity that there is only one high-quality competitor (H) and one low-quality competitor(L), and that they are competing for a single slot on the choice screen as an alternative to Google(in practice, the numbers are larger). We will also assume that the probability that a user would choose H over Google is 15% and that the probability they would choose Lover Google is 0.1%. Furthermore, we will assume that H's profit from each user is $10,and L's profit is $20.This information is known to both competitors. It is summarized in the table below:<\/p>
<\/p>
Competitor Profit per installation Probability of installation<\/p>
H $10 15%<\/p>
L $20 .1%<\/p>
<\/p>
Google decided to make H and L submit bids per installation, and run an auction to determine the winner. The winner will be displayed for a while on all choice screens. In this question, we will imagine this period represents one million choice screens.<\/p>
<\/p>
Assume that Google chose to allocate the available slot using the second price auction. (In practice, in each country they used ak-the price auction, which is a generalization of this format for situations where there's more than one slot).<\/p>
<\/p>
1.What would be the bids of Hand Lper installation?<\/p>
2.Who would win the auction?<\/p>
3.How much revenue will the auction generate for Google?<\/p>
<\/p>
Now consider an alternative auction design where bids are for the entire period(all million screens), and do not depend on the number of installations.<\/p>
<\/p>
4.What would be the bids of Hand L?<\/p>
5. Who would win the auction?<\/p>
6.How much revenue will the auction generate for Google?<\/p>
<\/p>
7.Bonus: which of these formats would you advise Google to choose? Does it matter?Google is the owner of Android, the operating system used by a large fraction of smartphones. Google also owns a search engine(Google)and a browser (Chrome). This gives Google the possibility to default users of Android phones into using its products. As part of a settlement with the European Commission(competition regulator), Google agreed to offer new phone users \"choice screens\" presenting several options for Browser\/search engine. To determine the identity of competitors appearing on the screen Google chose to use an auction. Search engines and web browsers make money by showing ads and by selling users' information. Some companies offer services that protect users' information(e.g., Bingor DuckDuckGo). But there are less well-known services that most informed users wouldn't choose. These services rake more profit per user, as they apply substantially less stringent privacy measures. In this question, we'll assume for simplicity that there is only one high-quality competitor (H) and one low-quality competitor(L), and that they are competing for a single slot on the choice screen as an alternative to Google(in practice, the numbers are larger). We will also assume that the probability that a user would choose H over Google is 15% and that the probability they would choose Lover Google is 0.1%. Furthermore, we will assume that H's profit from each user is $10,and L's profit is $20.This information is known to both competitors. It is summarized in the table below:<\/p>
<\/p>
Competitor Profit per installation Probability of installation<\/p>
H $10 15%<\/p>
L $20 .1%<\/p>
<\/p>
Google decided to make H and L submit bids per installation, and run an auction to determine the winner. The winner will be displayed for a while on all choice screens. In this question, we will imagine this period represents one million choice screens.<\/p>
<\/p>
Assume that Google chose to allocate the available slot using the second price auction. (In practice, in each country they used ak-th price auction, which is a generalization of this format for situations where there's more than one slot).<\/p>
<\/p>
1.What would be the bids of Hand Lper installation?<\/p>
2.Who would win the auction?<\/p>
3.How much revenue will the auction generate for Google?<\/p>
<\/p>
Now consider an alternative auction design where bids are for the entire period(all million screens), and do not depend on the number of installations.<\/p>
<\/p>
4.What would be the bids of Hand L?<\/p>
5. Who would win the auction?<\/p>
6.How much revenue will the auction generate for Google?<\/p>
<\/p>
7.Bonus: which of these formats would you advise Google to choose? Does it matter?<\/p>
<\/p>