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Author: | Essig, M. Arnold, U. |
Title: | Electronic procurement in supply chain management: an information economics-based analysis of electronic markets |
Journal: | Journal of supply chain management
2001 : FALL, VOL. 37:4, p. 43-49 |
Index terms: | ELECTRONIC COMMERCE INFORMATION ECONOMICS SUPPLY CHAIN MANAGEMENT |
Language: | eng |
Abstract: | Electronic procurement is currently one of the most discussed topics in supply management. This article analyzes the possibilities of electronic marketplaces for buyers, primarily from a theoretical perspective. The article develops an analytical framework that is based on information economics theory, which may be the most important theory to analyze market problems in general. |
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