A Brokerage Framework for Internet Commerce

  • Authors:
  • Martin Bichler;Arie Segev

  • Affiliations:
  • Department of Management Information Systems, Vienna University of Economics and Business Administration, 1090 Vienna, Austria. martin.bichler@wu-wien.ac.at;Fisher Center for Management and Information Technology, University of California at Berkeley, Berkeley, CA 94720-1930 USA. segev@haas.berkeley.edu

  • Venue:
  • Distributed and Parallel Databases - Special issue on electronic commerce
  • Year:
  • 1999

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Abstract

Electronic brokerage is regarded as a corefunctionality in overcoming many current limitations of Internetcommerce. In this paper, we describe current approaches tobrokerage services, both, on the Internet and for distributedobject systems and analyze how brokerage influences businessmodels for electronic commerce. We then describe OFFER, aproject that focuses on advanced models for brokerage on theInternet. We investigate a variety of brokerage services andprovide a high-level specification for core components of ageneric brokerage service on the Internet. The work shouldprovide a framework to classify existing approaches and aroadmap for further research in this emerging field.