Pelatihan Inovasi Marketplace Bagi UMKM

Marketplace or Reseller? Marketplace or Reseller? *

Intermediaries can choose between functioning as a marketplace (on which suppliers sell their products directly to buyers) or as a reseller (purchasing products from suppliers and selling them to buyers). We model this as a choice between whether control rights over a non-contractible decision variable (the level of marketing activities) are better held by suppliers (the marketplace-mode) or by...

The Marketplace of Ideas

The ILS Marketplace

In 2002, libraries spent more than $530 million on library systems and related services. Among academic, public and research libraries, more than 800 either migrated to a new integrated library system (ILS) or significantly upgraded their existing one.1 (These figures include the major ILS vendors in these markets: Dynix, Endeavor Information Systems, Ex Libris, Innovative Interfaces, Sirsi, TL...

Online Marketplace Advertising

This paper considers the allocation of “shelf space” in the context of online marketplaces, where items’ positions are linked to advertising. While featuring advertised products makes search less efficient, lowering transaction commissions, it incentivizes sellers to compete for better placements via advertising. We consider this trade-off by modeling both sides of the platform. On the demand s...

Searching the eBay Marketplace

This paper proposes a framework for demand estimation with data on bids, bidders’ identities, and auction covariates from a sequence of eBay auctions. First the aspect of bidding in a marketplace environment is developed. Form the simple dynamic auction model with IPV and private bidding costs it follows that if participation is optimal the bidder searches with a ”reservation bid” for low-price...