The emerging role of electronic marketplaces on the Internet

Bakos, Yannis

doi:10.1145/280324.280330

Cited by 1,000 publications

(553 citation statements)

References 5 publications

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“…However, these electronic markets increase economic efficiency and offer a high transparency and low search costs for market participants (Bakos, 1998) and thus fulfil better the conditions for perfect markets than traditional offline markets. Among these conditions are perfect market information, no participant with market power to dictate prices, and no barriers for participants to enter or exit the markets.…”

Section: Two-sided Marketsmentioning

confidence: 99%

Market Anomalies on Two-Sided Auction Platforms

Nofer

2015

The Value of Social Media for Predicting Stock Returns

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Section: Two-sided Marketsmentioning

confidence: 99%

Market Anomalies on Two-Sided Auction Platforms

Nofer

2015

The Value of Social Media for Predicting Stock Returns

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“…First, performance can be measured in terms of transaction efficiency, which, turn, can be expressed as transaction cost reductions (Lee & Clark, 1996;Malone et al, 1987;Srinivasan et al, 1994) and lower prices (Bakos, 1991(Bakos, , 1997(Bakos, , 1998. Lower prices can result from an increased ability to negotiate better prices with suppliers due to an increase in industry competition brought about by easier price identification using EC technologies (Bakos, 1991).…”

Section: Relevant Theoretical Perspectivesmentioning

confidence: 99%

“…Second, performance can be measured in terms of transaction effectiveness, or fit with the preferences regarding product attributes specified at the beginning of transaction (Clemons et al, 1998;Lee & Clark, 1996). Third, performance can be measured in term of subjective benefits such as less time spent searching, convenience, employee empowerment, and increased liquidity (Bakos, 1991(Bakos, , 1997(Bakos, , 1998.…”

Section: Relevant Theoretical Perspectivesmentioning

confidence: 99%

A Framework for Performance and Value Assessment of E-Business Systems in Corporate Travel Distribution

Chircu

Kauffman

2001

Lectures in E-Commerce

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This chapter proposes and illustrates a framework that the authors call the value life cycle for e-commerce systems. Based on recent research results that relate to technology investments in the corporate travel industry and related theoretical and empirical perspectives, the authors lay out the corporate travel ecommerce system solutions value life cycle. The perspective involves estimating the maximum value that that an organization can obtain by implementing an e-commerce system in a specific industry and competitive environment. It also considers multiple factors that act as value contingencies for the implementation process. These create barriers to value accrual and to the post-implementation performance assessment. The analytical perspective emphasizes the importance of comparing the expected value from the evaluation stage with the realized value from actual system usage. The authors highly a key finding for corporate travel procurement specialists: the value of e-commerce systems infrastructure is surprisingly dependent a variety of factors in the implementation environment of the organization, and as a result, the authors suggest that investments in this kind of technology be made with considerable caution and a clear sense of the potential pitfalls that may lead to insufficient value accrual.

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“…O e-marketplace (mercado eletrônico) provê a infraestrutura tecnológica para criação de um local virtual onde compradores e fornecedores realizam transações comerciais através da internet (BAKOS, 1998). O termo vertical indica que o e-marketplace é destinado a um determinado segmento da indústria (KAPLAN;SAWHNEY, 2000).…”

Section: Introductionunclassified

“…Para os fornecedores, propicia um meio eficiente para publicidade e redução dos custos de suas operações comerciais e financeiras. Para os compradores diminui o tempo e os custos do processo de seleção de fornecedores, aumenta o número das alternativas a serem consideradas, permite a customização dos produtos oferecidos, facilita a obtenção de informações sobre os produtos e permite a eliminação dos intermediários tradicionais da cadeia produtiva (BAKOS, 1998;BENJAMIN, 1995). Sob a perspectiva da teoria dos custos de transação, os e-marketplaces auxiliam na redução dos custos de coordenação com o mercado, pois auxiliam as empresas na procura por fornecedores, na negociação dos preços e no gerenciamento dos contratos (MALONE; YATES; BENJAMIN, 1997).…”

Section: Introductionunclassified

Formação de redes de cooperação para o desenvolvimento de e-marketplaces verticais

Morinishi¹,

Guerrini²

2011

Prod.

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ResumoAtualmente, os projetos de e-marketplaces verticais têm sido coordenados por empresas de um mesmo setor econômico, às vezes concorrentes, que se reúnem com o objetivo de aumentar a competitividade do setor. Dentro desse contexto, este artigo analisa os fatores determinantes para cooperação no desenvolvimento dos e-marketplaces e quais os seus efeitos sobre as assimetrias de informação entre compradores e vendedores. É apresentado um estudo de caso no setor da construção civil, no qual construtoras brasileiras têm como proposta compartilhar custos e riscos para o desenvolvimento de um e-marketplace. Palavras-chaveRedes de cooperação. Comércio eletrônico. Assimetria de informação. Construção civil.

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The emerging role of electronic marketplaces on the Internet

Cited by 1,000 publications

References 5 publications

Market Anomalies on Two-Sided Auction Platforms

Market Anomalies on Two-Sided Auction Platforms

A Framework for Performance and Value Assessment of E-Business Systems in Corporate Travel Distribution

Formação de redes de cooperação para o desenvolvimento de e-marketplaces verticais

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