This paper examines the choice of trading venue by dealers in U.S. Treasury securities to determine when services provided by human intermediaries are difficult to replicate in fully automated trading systems. When Treasury securities go “off the run” their trading volume drops by more than 90%. This decline in trading volume allows us to test whether intermediaries’ knowledge of the market and...

Marketing activities can be represented by a sequence of certain steps in the market that manufacturer must take on way to consumer. The implementation these has undergone radical changes due advent Internet and e-commerce. e-commerce world Ukraine particular is actively developing growing. business began move online today shopping become very common. With development e-commerce, retail signifi...

Citation Parkes, David C., Lyle H. Ungar, and Dean P. Foster. 1999. Accounting for cognitive costs in on-line auction design. In Agent Mediated Electronic Commerce: First International Workshop on Agent-Mediated Electronic Trading, AMET-98: Minneapolis, MN, USA, May 1998: selected papers, ed. P. Noriega, and C. Sierra, 2540. New York: Springer. Previously published in Lecture Notes In Computer ...

ebXML (Electronic Business using eXtensible Markup Language) is an e-business standard developed by UN/CEFACT and OASIS, which enables enterprises to exchange business messages, conduct trading relationships, communicate data in common terms and define and register business processes using Web services. Web service security technologies emerging recently have extensibility and flexibility suita...

Standard models of algorithmic trading neglect the presence of a daily cycle. We construct a model in which the trader uses information from observations of price evolution during the day to continuously update his estimate of other traders’ target sizes and directions. He uses this information to determine an optimal trade schedule to minimize total expected cost of trading, subject to sign co...

Electronic Services become more and more important for our daily life. News and communication services are among the most prominent examples that drastically transformed the way we keep ourselves informed and relate to each other. But new application areas for electronic services such as grid computing, security and surveillance, ambient assisted living, or intelligent facility management espec...

Internet and Web technology starts to penetrate many aspects of our daily life. Its importance as a medium for business transactions will growth exponentially during the next years. In terms of the involved market volume the B2B area will hereby be the most interesting area. Also it will be the place, where the new technology will lead to drastic changes in established customer relationships an...