This is the specification for the Power Trading Agent Competition for 2013 (Power TAC 2013). Power TAC is a competitive simulation that models a “liberalized” retail electrical energy market, where competing business entities or “brokers” offer energy services to customers through tariff...

This is the specification for the Power Trading Agent Competition for 2011 (Power TAC 2011). Agents are simulations of electrical power brokers, who must compete with each other for both power production and consumption, and manage their portfolios.

This paper presents an experiment performed to test the properties of an innovativebargaining mechanism (called automated negotiation) used to resolve disputes arising fromInternet-based transactions. The main result shows that the settlement rule tends to chillbargaining as it creates...

Purpose -Existing empirical evidence indicates internet banks worldwide have underperformed newly chartered traditional banks mainly because of their higher overhead costs. The purpose of this paper is to examine the impact of internet banking services on credit union activity....

Purpose - This purpose of this paper is to provide an overview of the status of e-finance and discuss related issues and challenges. Provides data about growth of e-finance in the last decade. Introduces advances and innovations in e-finance and challenges facing the financial services and IT...

On August 13, 2009, the Payment Cards Center hosted a workshop examining the changing nature of data security in consumer electronic payments. The center invited the chairman and CEO of Heartland Payment Systems (HPS or Heartland), Robert (Bob) Carr, to lead this discussion and to share his...

E-commerce has become an increasingly important source of competitive advantages for business-to-business (B2B) companies. It enables companies not only to decrease transactional costs and offer wide range of additional services, but also to enhance efficiency in collaboration with their...

To explore the evolution of consumers' transition behaviour under collaborative e-commerce, on the basis of actual Chinese collaborative e-commerce vendors Rakuten, Flashpoint 100 and so on a framework of e-commerce consumer transition behaviour is proposed. Related literature in sum has...

Ukraine is quite active in bringing its banking activity in correspondence with European standards. Internet banking, as a market of electronic commerce in Ukraine, in general, is at the stage of formation. That is why issues of development of Internet banking, which have both practical and...

This paper examines search across competing e-commerce sites. By analyzing panel data from over 10,000 Internet households and three commodity-like products (books, compact discs (CDs), and air travel services), we show that the amount of online search is actually quite limited. On average,...