Electronic brokerage and electronic auction: The impact of IT on market structures

Proceedings of the Annual Hawaii International Conference on System Sciences

Volumn 4, Issue , 1996, Pages 397-406

  Lee, Ho Geun ^a  

^a HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY   (Hong Kong)

Author keywords

[No Author keywords available]

Indexed keywords

COSTS; ELECTRONIC COMMERCE;

ELECTRONIC AUCTION; ELECTRONIC BROKERAGES; ELECTRONIC MARKET; ELECTRONIC MARKETPLACES; FIRM BOUNDARIES; MARKET STRUCTURES; ORGANIZATIONAL BARRIERS; TRANSACTION COST;

ELECTRONIC DOCUMENT EXCHANGE;

EID: 84876599476     PISSN: 15301605     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/HICSS.1996.495362     Document Type: Conference Paper

References (30)

1. Bakos, J., A Strategic Analysis of Electronic Marketplaces, MIS Quarterly, September 1991, 295-310.
2. Bakos, J., Information Links and Electronic Marketplaces: The Role of Interorganizational Information Systems in Vertical Markets, Journal of Management Information Systems, Vol. 8, No. 2, Fall 1991, 31-52.
3. Bakos, J. Y, and Brynjolfsson, E., Information Technology, Incentives, and the Optimal Number of Suppliers, Journal of Management Information Systems, Vol. 10, No. 2, Fall 1993, 37-53.
4. Borman, M., Karcher, K., Taylor, J. A. and Williams, H., Electronic Agricultural Auctions in the United Kingdom, Electronic Markets Newsletter, Competence Center Electronic Markets, No. 9/10, October 1993, 27-28.
5. Clemons, E., Reddi, S. P. and Row, M., The Impact of Information Technology on the Organization of Economic Activities: The "Move to the Middle" Hypothesis, Journal of Management Information Systems, Vol. 10, No. 2, Fall 1993, 9-35.
6. Clemons, E. and Weber, B., Evaluating the prospects for alternative electronic securities market, Proceedings of the 12th International Conference on Information Systems, New York, 1991, 53-61.
7. Cohen, K. J., Maier, S. F., Schwartz, R. A. and Whitcomb, D. K., The Microstructure of Securities Markets, Prentice-Hall, Englewood Cliffs, New Jersey, 1986.
8. Copeland, D. C. and McKenney, J. L, Airline Reservations Systems: Lessons From History, MIS Quarterly, September 1988, 353-370.
9. Domowitz, I., The Mechanics of Automated Trade Execution Systems, Journal of Financial Intermediation, No. 1, 1990, 167-194.
10. Economist, No Computers for Euro-bonds, May 30, 1987, 14.
11. Freund, W. C., Trading Stock Around the Clock: The Future Growth of Global Electronic Markets, California Management Review, Fall 1991, 87-102.
12. Garbade, K., Securities Markets, McGraw-Hill Book Company, New York, NY, 1982.
13. Gurbaxani, V. and Whang, S., The impacts of information systems on organizations and markets, Communications of the ACM, Vol. 34, No. 1, January 1991,59-73.
14. Hawkins, D. T., On On-line Information Systems, Online, March 1994, 26-39.
15. Hess, C. M. and Kemerer, C. F., Computerized Loan Organization System: An Industry Case Study of the Electronic Markets Hypothesis, MIS Quarterly, September 1994, 251-274.
16. Ho, T. S. and Macris, R. G., Dealer Market Structure and Performance, Amihud, Y., HO, T. S. Y. and Schwartz, R. A. (eds.), Market Making and The Changing Structure of the Securities Industry, Lexington Books, Lexington, MA, 1985, 41-66.
17. Katz, M. L. and Shapiro, C., Network Externalities, Competition and Compatibility, American Economic Review, Vol. 75, Spring 1985, 70-83.
18. Lee, H. G., Wrigley, C. and Wagenaar, R., Electronic Market Place with Multimedia Representation: SEA of Flowers, In Proceedings on Pan Pacific Conference on Information Systems, Singapore 1995.
19. Lindsey, D., Cheney, P., Kasper, G. and Ives, B., TELCOT: An Application of Information Technology for Competitive Advantage in the Cotton Industry, MIS Quarterly, December 1990, 347-357.
20. Maglitta, J. and Booker, E. Seller Beware: On the Internet, Computer World, October 24, 1994, 79-85.
21. Malone, T., Yates, J. and Benjamin, R., Electronic Markets and Electronic Hierarchies, Communication of the ACM, Vol. 30, No. 6, June 1987, 484-497.
22. Massimb, M. N. and Phelps, B. D., Electronic Trading, Market Structure and Liquidity, Financial Analysis Journal, January-February 1994, 39-50.
23. Neches, A. L., FAST: A Research Project in Electronic Commerce, Electronic Markets Newsletter, Competence Center Electronic Markets, No. 9/10, October 1993, 25-27.
24. Neo, B. S., The implementation of an electronic market for pig trading in Singapore, Journal of Strategic Information Systems, Vol. 1, No. 5, December 1992, 278-288.
25. Purton, P., ISDN in Europe - here at last!, Voice Processing Magazine 1993 International Supplement, 16-19.
26. Smith, V. L. and Williams, A., Experimental Market Economics, Scientific American, Vol. 267, December 1992, 116-121.
27. van Heck, E. and Groen, T., Towards an Electronic Flower Auction, In Proceedings of the First International Conference on Agri-Chain Management, Wageningen Agricultural University, Wageningen, March 1994, 24-25.
28. Warbelow, A. and Kokuryo, J., AUCNET: TV Auction Network System, Harvard Business School Case Study, 9-190-001, July 1989.
29. Warbelow, A. and Konsysnki, B., American Gem Market System, Harvard Business School Case Study, 9-189-088, 1988.
30. Williamson, O., Markets and Hierarchies: Analysis and Antitrust Implications, New York, New Press, 1975.