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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Ke, L. Minyi, G. Li, L. |
| Copyright Year | 2004 |
| Description | Author affiliation: Graduate Sch. of Bus., Nihon Univ., Japan (Ke, L.) |
| Abstract | Our paper develops a Walrasian general equilibrium model based on impersonal networking decisions to investigate the role of switching cost, trading efficiency and fixed leaving cost in a competitive market of e-commerce. Since the general equilibrium in our model is always Pareto optimal as long as nobody can block free entry into any sector and nobody can manipulate relative prices and numbers of specialists, the implications of our model is straightforward that if the e-commerce market is efficient and with lower switching cost, it ensures that network effects of division of labor can be fully exploited and the real income improve, yet the relative price in term of e-commerce service is cheaper. To business practitioners, our model suggests that successful transformation from conventional commerce to e-commerce service is a key for business viability in the future business environment. |
| Sponsorship | IEEE Comput. Soc. Tech. Steering Committee for Services Comput. (TSC-SC) |
| Starting Page | 403 |
| Ending Page | 408 |
| File Size | 272844 |
| Page Count | 6 |
| File Format | |
| ISBN | 0769522254 |
| DOI | 10.1109/SCC.2004.1358030 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2004-09-15 |
| Publisher Place | China |
| Access Restriction | Subscribed |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | Pricing Business Power generation economics Environmental economics Psychology Investments Computer science Cost function Electronic commerce Consumer electronics |
| Content Type | Text |
| Resource Type | Article |
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