An economic analysis of interorganizational information technology
Decision Support Systems
A model of competing interorganizational systems and its application to airline reservation systems
Decision Support Systems
Information rules: a strategic guide to the network economy
Information rules: a strategic guide to the network economy
How to Invest in E-commerce Stocks
How to Invest in E-commerce Stocks
Opening the "Black Box" of Network Externalities in Network Adoption
Information Systems Research
Adoption Challenges in Migrating to Web Services
WSE '02 Proceedings of the Fourth International Workshop on Web Site Evolution (WSE'02)
On the business value and technical challenges of adopting web services
Journal of Software Maintenance and Evolution: Research and Practice - Special issue: Web site evolution
eCommerce adoption in developing countries: a model and instrument
Information and Management
To be or not to B2B: Evaluating managerial choices for e-procurement channel adoption
Information Technology and Management
Organizational size and IT innovation adoption: A meta-analysis
Information and Management
Valuing information technology infrastructures: a growth options approach
Information Technology and Management
Business-to-business adoption of eCommerce in China
Information and Management
Information Technology and Management
What Do You Know? Rational Expectations in Information Technology Adoption and Investment
Journal of Management Information Systems
Prioritizing a Portfolio of Information Technology Investment Projects
Journal of Management Information Systems
Choice of Transaction Channels: The Effects of Product Characteristics on Market Evolution
Journal of Management Information Systems
Journal of Management Information Systems
Analyzing Complementarities Using Software Stacks for Software Industry Acquisitions
Journal of Management Information Systems
International Journal of Electronic Commerce
The Mechanics of Internet Growth: A Developing-Country Perspective
International Journal of Electronic Commerce
Electronic Commerce Research and Applications
Electronic Commerce Research and Applications
A Comprehensive Examination of Internet-EDI Adoption
Information Systems Management
Advertising strategies for peer-supported content services
Proceedings of the 11th International Conference on Electronic Commerce
eCommerce adoption in developing countries: a model and instrument
Information and Management
Information Systems Research
Innovating mindfully with information technology
MIS Quarterly
Legal determinants of the global spread of e-commerce
International Journal of Information Management: The Journal for Information Professionals
Analysis of emerging technology adoption for the digital content market
Information Technology and Management
International Journal of Enterprise Information Systems
Co-opetition Between Differentiated Platforms in Two-Sided Markets
Journal of Management Information Systems
Hi-index | 0.00 |
This study examines the adoption of electronic bill presentment and payment (EBPP) technology. EBPP continues to grow and will become a multibillion dollar e-commerce industry. The technology adoption configuration in this context is quite interesting because it involves four stakeholders: billers, bill consolidators, banks, and consumers. Banks and bill consolidators compete to act as an intermediary between billers and consumers. Network externalities play a significant role: the more billers that adopt the technology, the more consumers are willing to use the services. Our analysis is based on the welfare economics concept of finding the socially optimum adoption configuration and the resulting adoption pattern in a market with sponsored technologies. The results show that due to network externalities, billers are more likely to adopt the existing technology early, though the next technology might be superior to the current one. When the higher costs of early adoption are taken into account, the model shows that billers are more willing to wait, ceteris paribus. Our results also show that anticipation of a new and better, but compatible, technology might cause billers to wait, depending on what benefits they expect by adopting early, and how much cost they anticipate to incur upgrading their technology later.