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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
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
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Recent developments in information technologies, especially Web 2.0 technologies, have radically transformed many markets through disintermediation and decentralization. Lower barriers of entry in these markets enable small firms and individuals to engage in transactions that were otherwise...
Persistent link: https://www.econbiz.de/10009450606
Sponsored search advertising has emerged as an important and significant forum for advertisers, accounting for 40% of all advertising spending online. The unique features of sponsored search advertising - the nature of consumer search as well as the pricing mechanisms employed - differentiate it...
Persistent link: https://www.econbiz.de/10009450729
The growth of the Internet and other digitization technologies has enabled the unbundling of the physical and information components of the value chain and has led to an explosion of information made available to consumers. Understanding the implications of this new informational landscape for...
Persistent link: https://www.econbiz.de/10009450773