Matching intermediaries for information goods in the presence of direct search: An examination of switching costs and obsolescence of information

Decision Support Systems

Volumn 41, Issue 1, 2005, Pages 20-36

  Agrawal, Manish ^a,d   Hariharan, Govind ^b   Kishore, Rajiv ^c   Rao, H R ^c,e  

^a UNIVERSITY OF SOUTH FLORIDA   (United States)

^b KENNESAW STATE UNIVERSITY   (United States)

^c UNIVERSITY AT BUFFALO   (United States)

^d UNIVERSITY OF SOUTH FLORIDA   (United States)

^e State University of New York ^*

Author keywords

Electronic intermediary; Information economics; Search; Simulation

Indexed keywords

ELECTRONIC INTERMEDIARY; INFORMATION ECONOMICS; INFORMATION GOODS; SEARCH;

COMPUTER SIMULATION; COSTS; FEES AND CHARGES; MATHEMATICAL MODELS; OBSOLESCENCE; SEARCH ENGINES;

INFORMATION ANALYSIS;

EID: 25444434630     PISSN: 01679236     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.dss.2004.05.002     Document Type: Article

References (37)

1. M. Agrawal, R. Kishore, H.R. Rao, and S. Upadhyaya Towards a testbed for modelling application service providers (ASPs) Vision 5 1 2001 13 23
2. J.Y. Bakos Reducing buyer search costs: implications for electronic markets Management Science 43 12 1997 1676 1692
3. R. Barrett, and P.P. Maglio Intermediaries: an approach to manipulating information streams IBM Systems Journal 38 4 1999 13
4. H.K. Bhargava, V. Chaudhary, Economics of an electronic intermediary with aggregation benefits (under review) (2001) 31.
5. G. Biglaiser Middlemen as experts Rand Journal of Economics 24 2 1993 212 223
6. A. Chaudhury, K. Nam, and H.R. Rao Management of information systems outsourcing: a bidding perspective Journal of Management Information Systems 12 2 1995 131 159
7. P. De, V.S. Jacob, and R. Pakath A formal approach for designing distributed expert problem-solving systems Information Systems Research 4 2 1993 141 165
8. H. Demsetz The cost of transacting Quarterly Journal of Economics 82 1 1968 (Feb.) 33 53
9. T. Gehrig Intermediation in search markets Journal of Economics and Management Strategy 2 1 1993 97 120
10. J. Goo, R. Kishore, and H.R. Rao A content-analytic longitudinal study of the drivers for information technology and systems outsourcing Proceedings of the Twenty-First International Conference on Information Systems, Brisbane, Australia 2000 601 611
11. A. Kambil, and E.v. Heck Reengineering the Dutch flower auctions: a framework for analyzing exchange organizations Information Systems Research 9 1 1998 1 19
12. S. Kaplan, and M. Sawhney E-hubs: the new B2B marketplaces Harvard Business Review 78 3 2000 97 100
13. R. Kishore, H.R. Rao, K. Nam, S. Rajagopalan, and A. Chaudhury A relationship perspective on IT outsourcing: insights from a longitudinal study Communications of the ACM 46 12 2003 86 92
14. M.G. Kohn, and S. Shavell The theory of search Journal of Economic Theory 9 1974 93 123
15. K.R. Lang, and A.B. Whinston A design of a DSS intermediary for electronic markets Decision Support Systems 25 3 1999 181 197
16. A.M. Law, and W.D. Kelton Simulation modeling and analysis McGraw-Hill Series in Industrial Engineering and Management Science 2nd ed. 1991 McGraw-Hill New York, NY 113 114
17. R. Manning, and P.B. Morgan Search and consumer theory Review of Economic Studies 49 2 1982 203 216
18. V.S. Mookerjee, and B.L. DosSantos Inductive expert system design: maximizing system value Information Systems Research 4 2 1993 111 140
19. J.C. Moore, H.R. Rao, A.B. Whinston, K. Nam, and T.S. Raghu An analysis of information gathering strategies for multi-agent discrete resource allocation Information Systems Research 8 2 1997 151 171
20. S. Moorthy, B.T. Ratchford, and D. Talukdar Consumer information search revisited: theory and empirical analysis Journal of Consumer Research 23 4 1997 263 277
21. P. Morgan, and R. Manning Optimal search Econometrica 53 4 1985 923 944
22. K. Nam, S. Rajagopalan, H.R. Rao, and A. Chaudhury A two-level investigation of information systems outsourcing Communications of the ACM 39 7 1996 36 44
23. D.E. O'Leary Internet-based information and retrieval systems Decision Support Systems 27 3 1999 319 327
24. M. Pingle The effect of decision costs on the formation of market-making intermediaries: a pilot experiment Journal of Economic Behavior and Organization 41 1 2000 3 26
25. J.W. Rivkin Imitation of complex strategies Management Science 46 6 2000 824 844
26. M. Rothschild Searching for the lowest price when the distribution of prices is unknown Journal of Political Economy 82 4 1974 689 711
27. A. Rubinstein, and A. Wolinsky Quarterly Journal of Economics 102 1987 (August) 581 593
28. S.C. Salop Monopolistic competition with outside goods The Bell Journal of Economics 10 1 1979 141 156
29. S. Salop, and J.E. Stiglitz Bargains and ripoffs: a model of monopolistically competitive price dispersion Review of Economic Studies 44 3 1977 (October) 493 510
30. C. Shapiro, and H. Varian Information Rules: A Strategic Guide to the Network Economy 1998 Harvard Business School Press Boston, MA
31. D.F. Spulber Market microstructure and intermediation Journal of Economic Perspectives 10 3 1996 135 152
32. G. Stigler The economics of information Journal of Political Economy 49 3 1961 213 225
33. T.J. Strader, and M.J. Shaw Characteristics of electronic markets Decision Support Systems 21 3 1997 185 198
34. G. Tewari, J. Youll, and P. Maes Personalized location-based brokering using an agent-based intermediary architecture Decision Support Systems 34 2 2003 127 137
35. J. Tirole The Theory of Industrial Organization 1988 M.I.T. Press Cambridge, MA
36. J.C. Westland Transaction risk in electronic commerce Decision Support Systems 33 1 2002 87 103
37. A. Yavas Marketmakers versus matchmakers Journal of Financial Intermediation 2 1 1992 33 58