Electronic markets and electronic hierarchies in the context of electronic commerce

Authors:
Hongli Hu;Ping Li
Affiliations:
Xi'an Jiaotong University, Xi'an, Shaanxi, PRC;Xi'an Jiaotong University, Xi'an, Shaanxi, PRC
Venue:
ICEC '05 Proceedings of the 7th international conference on Electronic commerce
Year:
2005

Citing 5
Cited 0

A strategic analysis of electronic marketplaces

MIS Quarterly - Special issue on the strategic use of information systems
Electronic markets and electronic hierarchies

Communications of the ACM
Electronic data interchange and small organizations: adoption and impact of technology

MIS Quarterly
Reducing buyer search costs: implications for electronic marketplaces

Management Science - Special issue: Frontier research on information systems and economics
Perspectives of the e-marketplace by multiple stakeholders

Communications of the ACM - Mobile computing opportunities and challenges

Quantified Score

Hi-index	0.00

Visualization

Abstract

According to the theory of Transaction Cost Economics, markets and hierarchies are two basic and alternative models of organization. In the environment of Electronic Commerce, markets and hierarchies have been transforming into Electronic markets (EMs) and Electronic Hierarchies (EHs). It shows that both EMs and EHs have been developed in the environment of Electronic Commerce. However, as two different mechanisms; the relationship between them is not only contradiction but also coordination. In this paper, the relationships between EMs and EHs in the context of electronic commerce will be discussed.