This is a preliminary draft of an Invited Symposium paper for the World Congress of the Econometric Society to be held in Seattle in August 2000. We discuss the strong connections between auction theory and standard economic theory, and argue that auction-theoretic tools and intuitions can...

The government has been acting as an important role in the formation and operation of closed-loop supply chain. This paper focuses on how consumption-subsidy influences dual-channel closed-loop supply chain. After introducing government consumption-subsidy program and dual-channel closed-loop...

Previous studies by Freund & Weinhold (2004) and others have highlighted the trade promoting effect of the Internet. However, recent developments in structural gravity modelling emphasise the importance of controlling for multilateral resistance. We employ a gravity framework to assess the role...

This study empirically examines the role of the Internet in global business-to-business (B2B) marketing strategies of Multinational Corporations (MNCs) based in the United States and Australia. The results demonstrate that uses of the Internet in a global B2B setting often parallel its domestic...

In order to survive and thrive in todayÕs global economy, firms of all sizes must be able to use information as a competitive weapon. Manufacturing firms must be able to receive and process customer orders, schedule shop orders, and place purchase orders efficiently to be effective members of...

La importancia y la necesidad de la utilización del Comercio Electrónico en la industria turística ayuda a mejorar las operaciones tradicionales practicadas en los negocios, tanto en la estrategia empresarial como en la reingeniería del negocio turístico. El hecho de que predominen las...

The aim of the present paper is to emphasize the role and importance of social media as a powerful wine promotion instrument. The necessity of approaching this issue is justified by the fact that we live in a Google-centric world and that companies’ marketing strategy as well as their content...

Internet and E-commerce have witnessed a continuous development in recent decades, the share of individuals who use this method to purchase goods and services in some countries in Europe reaching values exceeding 60 percent of the total population (Norway 71%, United Kingdom 67 %, the...

Shopping on the Internet spares customers the discomfort of carrying around heavy and bulky baskets of goods, since the service usually includes home delivery. This makes e-commerce a technology well suited to helping consumers to buy in bulk or to stockpile items on discount. I use grocery...

This paper studies the group-buying mechanism from a dynamic perspective. We consider a seller that offers a product in the form of group buying (priced low but uncertain) and spot purchasing (priced high but guaranteed). In the case of group buying, the information associated with the number of...