The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Do electronic marketplaces lower the price of goods?
Open accessAbstract
markets.AUCNET is an electronic marketplace introduced to reduce search costs of buyers for usedcar transactions in Japan.The average contract price of secondhand cars sold through AUCNET is much higher than that of traditional, non-electronic markets.The industry case study suggests that the analysis of electronic market impacts on product prices should take into account economic factors beyond the buyers' search costs.This article investigates why the product prices in AUCNET are higher than those of traditional markets by examining other economic variables than the buyer's search costs.
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Citations
Cites
The Market for "Lemons": Quality Uncertainty and the Market Mechanism
Akerlof, G. A. (1970) · The Quarterly Journal of Economics · doi:10.2307/1879431 · Cited by 23,016
Public Regulation of the Securities Markets
Stigler, G. J. (1964) · The Journal of Business · doi:10.1086/294677 · Cited by 679 · cited 1×
“The reserve price plays a role as sequentially rational rules for suppliers under incomplete market information [11].”
Background
Cited by
(2003) · International Journal of Electronic Commerce · doi:10.1080/10864415.2003.11044275 · Cited by 5,715
Frictionless commerce? A comparison of Internet and conventional retailers
Brynjolfsson, E., & Smith, M. D. (2000) · Management Science · doi:10.1287/mnsc.46.4.563.12061 · Cited by 2,498
Building Effective Online Marketplaces with Institution-Based Trust
Pavlou, P. A., & Gefen, D. (2004) · Information Systems Research · doi:10.1287/isre.1040.0015 · Cited by 2,516
What makes a useful online review? Implication for travel product websites
Liu, Z., & Park, S. (2015) · Tourism Management · doi:10.1016/j.tourman.2014.09.020 · Cited by 963
Lin, H.-F. (2011) · International Journal of Information Management · doi:10.1016/j.ijinfomgt.2010.07.006 · Cited by 912
Metadata
- Authors
- Lee, H.-G.
- Venue
- Communications of the ACM
- Published
- 1998-01
- Volume
- 41
- Issue
- 1
- Pages
- 73-80
- ISSN
- 0001-0782 (ISSN-L)
- 1557-7317
- OpenAlex
- W1994137932
- Cited by
- 417
- References
- 2
- FWCI
- 35.85
- Type
- journal article
- Language
- en
- Open access
- bronze
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Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
