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| Tekijä: | Choudhury, V. |
| Otsikko: | Uses and consequences of electronic markets: an empirical investigation in the aircraft parts industry |
| Lehti: | MIS Quarterly
1998 : DEC, VOL. 22:4, p. 471-508 |
| Asiasana: | INFORMATION MANAGEMENT INDUSTRIES |
| Kieli: | eng |
| Tiivistelmä: | An electronic market is an interorganizational information system through which multiple buyers and sellers interact to accomplish one or more of the following market-making activities: (1) identifying potential trading partners, (2) selecting a specific partner, and (3) executing the transaction. It has been suggested that electronic markets, by lowering search costs, any lead to significantly increased price competition among sellers and hence, lower prices for buyers. |
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