Radiology and the marketplace

Ridesourcing and the Taxi Marketplace

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...

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...