Results 1 - 10
of
49
Economics and Electronic Commerce: Survey and Directions for Research
- INTERNATIONAL JOURNAL OF ELECTRONIC COMMERCE
, 2001
"... This article reviews the growing body of research on electronic commerce from the perspective of economic analysis. It begins by constructing a new framework for understanding electronic commerce research, then identifies the range of applicable theory and current research in the context of the new ..."
Abstract
-
Cited by 60 (11 self)
- Add to MetaCart
This article reviews the growing body of research on electronic commerce from the perspective of economic analysis. It begins by constructing a new framework for understanding electronic commerce research, then identifies the range of applicable theory and current research in the context of the new conceptual model. It goes on to assess the state-of-the-art of knowledge about electronic commerce phenomena in terms of the levels of analysis here proposed. And finally, it charts the directions along which useful work in this area might be developed. This survey and framework are intended to induce researchers in the field of information systems, the authors’ reference discipline, and other areas in schools of business and management to recognize that research on electronic commerce is business-school research, broadly defined. As such, developments in this research area in the next several years will occur across multiple business-school disciplines, and there will be a growing impetus for greater interdisciplinary communication and interaction.
Electronic Commerce and Organizational Innovation: Aspects and Opportunities
- International Journal of Electronic Commerce
, 2003
"... ABSTRACT: Over the past decade, electronic commerce on the technological foundation of the Web-Internet compound has entered extensive areas of organizational and social activity. This broad-based organizational and technological development requires categorization in order to be understood in its e ..."
Abstract
-
Cited by 20 (1 self)
- Add to MetaCart
(Show Context)
ABSTRACT: Over the past decade, electronic commerce on the technological foundation of the Web-Internet compound has entered extensive areas of organizational and social activity. This broad-based organizational and technological development requires categorization in order to be understood in its entirety and exploited fully. The principal aspects of e-commerce are identified in five domains: commerce, collaboration, communication, connection, and computation. These aspects lead to specific innovational opportunities that can be exploited to organize and address marketplaces, offer innovative products, collaborate with business partners, transform business processes, and organize the delivery of information-system services. The result is a comprehensive framework of ecommerce as a technologically based means to business transformation and a metadisciplinary research field.
2009. Online and offline demand and price elasticities: Evidence from the air industry
"... The Internet has brought consumers increased access to information to make purchase decisions. One of the consequences is an increase in the price elasticity of demand, or the percent change in demand due to a percent change in price, because consumers are better able to compare offerings from multi ..."
Abstract
-
Cited by 11 (2 self)
- Add to MetaCart
(Show Context)
The Internet has brought consumers increased access to information to make purchase decisions. One of the consequences is an increase in the price elasticity of demand, or the percent change in demand due to a percent change in price, because consumers are better able to compare offerings from multiple suppli-ers. In this paper, we analyze the impact of the Internet on demand, by comparing the demand functions in the Internet and traditional air travel channels. We use a data set that contains information for millions of records or airline ticket sales in both offline and online channels. To our knowledge, this is the first study that uses massive sales data to compare consumer demand functions in the two channels. The re-sults suggest that consumer demand in the Internet channel is more price-elastic for both transparent and opaque online travel agencies. We discuss the broader implications for multi-channel pricing strategy and for the transparency-based design of online selling mechanisms.
Emergence of financial intermediaries on electronic markets: The case of online p2p lending
- Business Research
, 2009
"... Abstract: We analyze the role of intermediaries on electronic markets using detailed data of more than 14,000 originated loans on an electronic P2P (person-to-person) lending platform. On such an electronic credit market lenders bid for supplying a private loan. Screening of potential borrowers and ..."
Abstract
-
Cited by 9 (0 self)
- Add to MetaCart
(Show Context)
Abstract: We analyze the role of intermediaries on electronic markets using detailed data of more than 14,000 originated loans on an electronic P2P (person-to-person) lending platform. On such an electronic credit market lenders bid for supplying a private loan. Screening of potential borrowers and the monitoring of loan repayment can be delegated to designated group leaders. We find that these participants act as financial intermediaries between borrowers and lenders and significantly improve borrowers ’ credit conditions. Our findings are robust to self-selection and characteristics of the financial transactions, and may be surprising given the long discussion on disintermediation due to electronic marketplaces.
IT STANDARDS CHOICES AND INDUSTRY STRUCTURE OUTCOMES: The case of . . .
, 2005
"... Vertical IS standards prescribe data structures and definitions, document formats, and business processes for particular industries, in contrast to generic IT standards, which concern IT characteristics applicable to many industries. This paper explores the potential industry structure effects of ve ..."
Abstract
-
Cited by 7 (5 self)
- Add to MetaCart
Vertical IS standards prescribe data structures and definitions, document formats, and business processes for particular industries, in contrast to generic IT standards, which concern IT characteristics applicable to many industries. This paper explores the potential industry structure effects of vertical IS standards through a case study of the United States home mortgage industry. We review theoretical arguments about the potential industry structure effects of standards for interorganizational coordination, and we compare the characteristics of XML-based vertical IS standards with those of EDI to gauge the applicability of prior literature. We argue that the lower costs and wider accessibility of XML-based standards that use the Internet can result in significant changes to the structure of the mortgage industry. However, the nature of industry change will depend on the specific ways in which standards are implemented by firms in the industry—there are many patterns of implementation with potentially different effects at
Introduction to the Special Section: Business-to-Business Electronic Commerce
- International Journal of Electronic Commerce
, 2002
"... ABSTRACT: Innovative technologies are changing the landscape of interorganizational relationships. Following proprietary interorganizational information systems (IOS), the ..."
Abstract
-
Cited by 6 (0 self)
- Add to MetaCart
(Show Context)
ABSTRACT: Innovative technologies are changing the landscape of interorganizational relationships. Following proprietary interorganizational information systems (IOS), the
Impact of Web-based e-commerce on channel strategy in retailing
- International Journal of Electronic Commerce
, 2004
"... The existing literature and industry trends suggest that web−based channels are fast becoming an integral part of the traditionally offline retailers ’ overall channel strategy. This paper takes a game theoretic approach to study the impact of web−based e−commerce on the choice of distribution chann ..."
Abstract
-
Cited by 5 (0 self)
- Add to MetaCart
(Show Context)
The existing literature and industry trends suggest that web−based channels are fast becoming an integral part of the traditionally offline retailers ’ overall channel strategy. This paper takes a game theoretic approach to study the impact of web−based e−commerce on the choice of distribution channel strategy by the retailers. The current practice by most firms is to adopt a multi−channel strategy, which includes both web−based channels and preexisting offline channels. Our analysis validates this trend by identifying it as one of the equilibriums of the game, resulting from the competitive pressure induces by the other retailers. However, a more interesting outcome from our analysis is that there are other possible outcomes. The other possible outcomes include one where some sellers adopt a coordinated dual channel (i.e., both online and offline) strategy while the others continue selling through traditional offline channels, and another one where all the sellers switch to online channels. The latter outcome is unlikely to occur for industries where traditionally offline sellers have invested heavily in distribution−specific assets. However, it does provide an explanation for new web−based sellers ’ reluctance to include offline channels in their overall channel strategy.
2008a. Designing online selling mechanisms: Transparency levels and prices. Decision Support Systems 45(4
"... Sellers increasingly compete with innovative Internet-based selling mechanisms, revealing or concealing market information. Transparency strategy involves design choices by firms that influence the availabil-ity and accessibility of information about products and prices. We develop decision support ..."
Abstract
-
Cited by 4 (1 self)
- Add to MetaCart
(Show Context)
Sellers increasingly compete with innovative Internet-based selling mechanisms, revealing or concealing market information. Transparency strategy involves design choices by firms that influence the availabil-ity and accessibility of information about products and prices. We develop decision support models for suppliers to set prices for online mechanisms with different transparency levels. We then empirically ana-lyze the price levels set by airlines across transparent and opaque online travel agencies. Our results sug-gest that airlines can increase profit by increasing price differentials or influencing OTA transparency differences. We also discuss application generality and limitations of our results.
ASSESSING THE VALUE OF MEDIATORS IN COLLABORATIVE BUSINESS NETWORKS
"... One of the basic mechanisms of collaborative business networks is mediation. A literature review is presented that identifies meanings and roles of mediators. Based on the literature a framework is developed that can be used to describe and distinguish different types of mediator services. Core conc ..."
Abstract
-
Cited by 3 (0 self)
- Add to MetaCart
One of the basic mechanisms of collaborative business networks is mediation. A literature review is presented that identifies meanings and roles of mediators. Based on the literature a framework is developed that can be used to describe and distinguish different types of mediator services. Core concepts
ORBITZ, ONLINE TRAVEL AGENTS AND MARKET STRUCTURE CHANGES IN THE PRESENCE OF TECHNOLOGY-DRIVEN MARKET TRANSPARENCY
, 2003
"... Air travel distribution has been transformed by Internet technology because of an increase in market transparency, the level of availability and accessibility of product and price information. This article attempts to explain and interpret changes in the market for online travel with the market entr ..."
Abstract
-
Cited by 2 (1 self)
- Add to MetaCart
Air travel distribution has been transformed by Internet technology because of an increase in market transparency, the level of availability and accessibility of product and price information. This article attempts to explain and interpret changes in the market for online travel with the market entry of air carrier consortium-owned Orbitz, a second generation online travel agency (OTA) that significantly changed the competitive dynamics around market transparency. Our interpretation of the developments is based on market microstructure theory, and more recent work that relates market transparency to firm pricing strategies and consumer demand. Our interpretation is developed in three stages. First, we explore market transparency-related developments in first generation online travel since the mid-1990s in the United States. Second, we analyze Orbitz’s market transparency strategy and its impacts on the industry, leading to the emergence of new consumer expectations in the Internet channel. Third, we assess other related changes in the industry that have emerged that further suggest the broad impacts of Orbitz’s strategy, including recent changes in the highly pricesensitive leisure travel segment of the OTA market. Overall, our findings suggest that market transparency changes will continue to drive additional changes in the OTA sector.
