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Electronic commerce has enabled the use of intelligent agenttechnologies that can evaluate buyers, customize products, and price inreal-time. Our model of an electronic market with customizable productsanalyzes the pricing, profitability and welfare implications ofagent-based technologies that...
Persistent link: https://www.econbiz.de/10009435055
Internet-based electronic markets facilitate buyer search for seller offerings and comparison of products on the basis of price and product features. Search engine capabilities such as Recall, Precision and Ranking Accuracy determine the efficiency with which buyers can search for and compare...
Persistent link: https://www.econbiz.de/10012766002
Apart from reducing buyer search costs, web-based commerce has also enabled the use ofintelligent agent technologies that reduce seller search costs by targeting buyers, customizing,and pricing products in real-time. Our model of an electronic market with customizable productsanalyzes the...
Persistent link: https://www.econbiz.de/10012769785
Product information websites have become ubiquitous in supporting B2C E-Commerce. This paper explores their impact on firm profitability, consumer surplus, and social welfare. Using an analytical model, we show that firms take advantage of such infomediaries and reduce their own information...
Persistent link: https://www.econbiz.de/10013006140
The term quot;24-Hour Knowledge Factoryquot; connotes a geographically dispersed team of workers in which members of the team are able to work on specific endeavors on a round-the-clock basis. A professional could work in the US on a standard 9 am to 5 pm basis. At the end of his or her workday,...
Persistent link: https://www.econbiz.de/10012711365
The term "24-Hour Knowledge Factory" connotes a geographically dispersed team of workers in which members of the team are able to work on specific endeavors on a round- the-clock basis. A professional could work in the US on a standard 9 am to 5 pm basis. At the end of his or her workday, the...
Persistent link: https://www.econbiz.de/10014054409
The term “24-Hour Knowledge Factory” connotes a geographically dispersed team of workers in which members of the team are able to work on specific endeavors on a round-the-clock basis. There are five defining features of this form of work: (i) the same body of work is processed sequentially,...
Persistent link: https://www.econbiz.de/10014170170
While traditional organizations create value within the boundaries of their firm or supply chain, digital platforms leverage and orchestrate a platform-mediated ecosystem to create and co-create value with a much wider array of partners and actors. Although the change to two-sided markets and...
Persistent link: https://www.econbiz.de/10012502931
While traditional organizations create value within the boundaries of their firm or supply chain, digital platforms leverage and orchestrate a platform-mediated ecosystem to create and co-create value with a much wider array of partners and actors. Although the change to two-sided markets and...
Persistent link: https://www.econbiz.de/10012422320
Persistent link: https://www.econbiz.de/10013397861