auction. We provide a framework for analyzing the merits of different transaction models and use this framework to evaluate … the strengths and weaknesses of existing and proposed electronic auction models for trading flowers. We propose … information technology will enable new forms of trading that will partly replace and supplement the traditional Dutch auction as a …

the organization of the Dutch flower auction. We provide a framework for analyzing the merits of different transaction … models and use this framework to evaluate the strengths and weaknesses of existing and proposed electronic auction models for … the traditional Dutch auction as a method of organizing price determination and transactions. We identify how electronic …

auction in the world. We find that there is a substantial price decline and suggest that the presence of a buyer's option …, whereby the winner of the first auction has the opportunity to buy the remaining units at the winning price, is a main …