NDLI: Electronic brokerage and electronic auction: the impact of IT on market structures

Content Provider	IEEE Xplore Digital Library
Author	Ho Geun Lee
Copyright Year	1996
Description	Author affiliation: Univ. of Sci. & Technol., Kowloon, Hong Kong (Ho Geun Lee)
Abstract	Great progress has been made over the past few years in the study of the impact of IT on inter-firm trade relationships and markets. Most works in this area focus on firm boundaries (purchasing or outsourcing) or buyer-seller relations in general. Although these works are based on reasonable theoretical grounding and many of them have been tested empirically, they do not provide a complete explanation for why different forms of electronic markets have emerged. This article identifies two types of electronic markets-electronic brokerage and electronic auction-by investigating the impact of IT on transaction costs (search, coordination and trade settlement costs) under four different market structures. The economic forces behind the introduction of electronic marketplaces, which either change or support existing market structures, are analyzed along these two market dimensions. Social and organizational barriers to successful implementation of electronic market systems are also discussed.
Starting Page	397
Ending Page	406
File Size	1321758
Page Count	10
File Format	PDF
ISBN	0818673249
DOI	10.1109/HICSS.1996.495362
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	1996-01-03
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Consumer electronics Costs Outsourcing Grounding Information management Technology management Electronic equipment testing Information systems Contracts Information technology
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

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