Electronic markets and electronic hierarchies
Communications of the ACM
The emerging role of electronic marketplaces on the Internet
Communications of the ACM
Net worth: shaping markets when customers make the rules
Net worth: shaping markets when customers make the rules
HICSS '98 Proceedings of the Thirty-First Annual Hawaii International Conference on System Sciences-Volume 6 - Volume 6
An exploratory study of the emerging role of electronic intermediaries
International Journal of Electronic Commerce
Online consumer market inefficiencies and intermediation
ACM SIGMIS Database
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The electronic markets vs. electronic hierarchies debate initiated by (Malone et al. 1987) has been superseded by the discussion about dis- or reintermediation in the electronic marketplace. Many of the arguments given for either side are equally correct—because the arguments have been applied to different domains in different situations from specific perspectives—and yet the debate falls short of covering the complexity and dynamics of the ongoing market structure change. The goal of this paper is therefore to develop a more differentiated framework that facilitates the understanding of chances and threats resulting from inter- and cybermediation. The framework suggests to distinguish roles, opportunities and threats for cybermediaries in different situations. While the framework is meant to structure the debate in general, we will focus on public sector procurement to show its application.