Global electronic markets, virtual organisations, virtual identities, virtual products and services, and Internet-related crime are growing in prominence and importance. In a world that is increasingly non-physical and borderless, what are government’s roles, responsibilities and limitations? The Internet plays a central role within the transformation process from traditional governments toward...

We develop CONAN, a heuristic agent for concurrent bilateral negotiations in electronic markets that are open, dynamic and complex. Existing strategies often omit the factors determining when a market environment is open or how an agent evaluates progress in bilateral negotiations. Such omissions in turn damage the offer-making ability of an agent and consequently the number of successful negot...

The term „Electronic Service Market“ (ESM) can be decomposed into the parts „market“, „service“ and „electronic“, i.e., the allocation mechanism of the market is used to co-ordinate service utilisation in a computer-supported way. This definition restricts that for electronic markets from [Schm93] to the provision and consumption of on-line available services. In an ESM, all transaction phases ...

Dynamics of markets are even today not adequately represented in most market studies so that yet nowadays, wrong conclusions are quite common. A good tool for analyzing markets and its dynamic character is the coordination failure diagnostics concept (cfd-concept) which is based on the idea of control loops on the one hand and economic literature of competition on the other hand. Regarding inno...

This paper tests for market integration in 55 wholesale rice markets in India using monthly data over the period January 1970 – December 1999. The technique of Gonzalez-Rivera and Helfand (2001) is used to identify common factors across various markets. It is discovered that market integration is far from complete in India and a major reason for this is the excessive interference in rice market...

Collectables are often considered as an alternative to stocks for investing. Technological advancements have facilitated collectible investment, allowing information to be transferred worldwide between millions of investors in electronic markets such as online auctions. This research examines the behaviors of these electronic market investors, especially as they compare to traditional stock mar...

Electronic commerce has become a viable marketing channel for many companies as they take advantage of the ease of electronic markets to move merchandise quickly and inexpensively. Researchers have investigated the use of an e-commerce channel in conjunction with traditional channels, but less research has been dedicated to choosing which e-commerce channel to use. In this study, we examine the...

Online-auctions are one of the most successful types of electronic markets. They bring together buyers and sellers on a massive scale. However, using an electronic medium for conducting auctions has fundamental differences from traditional English-style auctions. One difference is the availability of software agents that can facilitate many aspects of online-auction participation. The addition ...

The vast majority of electronic markets have been based purely on a single variable (price) as the factor that determines ‘the winner’. Multi-attribute auctions are likely to be more appropriate for procurement scenarios where factors other than price need to be considered in determining the outcome. Nevertheless, there is a scarcity of empirical research on multi-attribute electronic auctions....

Product classification systems play a major role in searching and comparing offered products on electronic markets. Especially in case of large multi-vendor product catalogs classified data becomes an important asset and success factor. The most known systems are UNSPSC and eCl@ss, however they are still developing, and new systems are emerging as well. Classification systems differ not only in...