The Emerging Role of Electronic Marketplaces on the Internet

DMCA

The Emerging Role of Electronic Marketplaces on the Internet (1998)

Cached

Download Links

Other Repositories/Bibliography

DBLP

by Yannis Bakos

Venue:	Communications of the ACM
Citations:	325 - 2 self

BibTeX

@ARTICLE{Bakos98theemerging,
    author = {Yannis Bakos},
    title = {The Emerging Role of Electronic Marketplaces on the Internet},
    journal = {Communications of the ACM},
    year = {1998},
    volume = {41},
    pages = {35--42}
}

OpenURL

Abstract

action costs, leading to more efficient, "friction-free" markets. Table 1. Functions of a market Internet Economics Matching buyers and sellers . Determination of product offerings - Product features offered by sellers - Aggregation of different products . Search (of buyers for sellers and of sellers for buyers) - Price and product information - Matching seller offerings with buyer preferences . Price discovery - Process and outcome in determination of prices Facilitation of transactions . Logistics - Delivery of information, good, or service to buyer . Settlement - Transfer of payment to seller . Trust - Credit system, reputations, rating agencies like Consumer Reports and Better Business Bureaus Institutional infrastucture . Legal - Commercial code, contract law, dispute resolution, intellectual property protection . Regulatory - Rules and regulations, monitoring, enforcement produ

Keyphrases

emerging role electronic marketplace seller aggregation settlement transfer legal commercial code intellectual property protection different product logistics delivery product information matching seller offering dispute resolution friction-free market product offering product feature enforcement produ rating agency price discovery process trust credit system better business bureau institutional infrastucture action cost regulatory rule price facilitation buyer preference contract law market internet economics matching buyer consumer report

DMCA