| Buxmann, P., & Gebauer, J. (1998). Internet based intermediaries: The case of the real estate market.CMIT Working paper 98-WP-1027, Available: http://haas.berkeley.edu/~gebauer/publications/ecis98-buxmann-gebauer.pd. |
....decrease in costs of information. Also, it provides a universal availability and higher quality of information (Castells, 1996) E commerce provides the environment for new forms of markets, such as electronic matching of sellers and buyers, or enabling a direct exchange between sellers and buyers (Buxmann Gebauer, 1998). This allows for changes of management practice and philosophy. Firms adopt an inter organizational perspective to redesign interlinked processes to exploit these possibilities more thoroughly. E commerce can lower the transaction costs, which offers firms an increase in market opportunities. ....
....They add value, because of the existence of information asymmetries between market participants. The value of electronic intermediaries is that they improve or facilitate electronic markets, as more and more actors join the market and intermediation generates network effects (Beam, 1999; Buxmann Gebauer, 1998). Below is a summary of the main intermediary roles (Sarkar et al. 1995; Baily Bakos, 1997; Beam, 1999) 5of21 1 23 01 11:29 AM Electronic Commerce and the Implications for Market Structure http: www.ascusc.org jcmc vol5 issue3 adelaar.htm .Aggregation of demand and supply. Intermediaries ....
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Buxmann, P., & Gebauer, J. (1998). Internet based intermediaries: The case of the real estate market.CMIT Working paper 98-WP-1027, Available: http://haas.berkeley.edu/~gebauer/publications/ecis98-buxmann-gebauer.pd.
.... 1993; Brynjolfsson 1994; Gebauer 1995) or resource based approaches (Peteraf 1993; Mata, Fuerst, Barney 1995) The emergence of affordable network technologies and public networks such as the Internet has refueled the discussion recently (Clemons, Reddi, Row 1993; Sarkar, Butler, Steinfield 1996; Buxmann, Gebauer 1998; Beam et al. 1999; Bichler, Segev 1999) The research efforts have generally yielded multi facetted results and did not reveal clear trends. Many researchers agree that, although the role of intermediaries is changing with the advent of information and network technologies they will remain at ....
Buxmann, Peter; Judith Gebauer (1998). Internet-based intermediaries - the case of the real estate market. 6th European Conference on Information Sytstems (ECIS'98), Aix-en-Provence, France.
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