Towards Optimal Auction Rules For eB2B Exchanges

Topics:
Negotiations and Contracts
Tags:
Auction,
Business Model,
Marketing,
Marketing Research,
Pennsylvania State University
Source:
Pennsylvania State University

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Overview: Since 1999, announcements have been made for over 1000 electronic online Market places (eB2B eXchanges) in a variety of industries. Most are touted as offering transactions cost savings by reducing search costs, administrative costs and other transaction costs and also promise increased market transparency, liquidity and scale economies of joint production. Ownership and control may range from buyers groups through seller groups to independent third parties. Prices may be established and transactions effected by several mechanisms, e.g., auction, catalog, bid-ask, negotiation. Business models are likewise diverse and revenues are expected from among various sources: transaction fees, memberships, marketing fees and sales of information/data. Connectivity architectures span from private dedicated networks to the public Internet.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 114KB | Date: Feb 2006 | Pages: 16

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