In this study, we re-examine the failure of formation of electronic markets for the air cargo industry. Using an economic theory called Core Theory, we provide an alternate explanation. Core theory explains why: a) such a failure might have been anticipated and b) the failure to form an electronic market may in fact be beneficial for the industry as a whole.

Physical education is the link between educational perspective and scientific perspective, as educators classify it through science of sports training research problem development agility flexibility application special exercises to focus attention that have been carefully selected for purpose raising developing level among football referees halls, goal identifying On effect TRX develop concent...

Automated market makers are algorithmic agents that provide liquidity in electronic markets. We construct two new automated market makers that each solve an open problem of theoretical and practical interest. First, we formulate a market maker that has bounded loss over separable measure spaces. This opens up an exciting new set of domains for prediction markets, including markets on locations ...

Available online 5 June 2013