publication . Article . Other literature type . 2002

The role of intermediaries in electronic marketplaces: developing a contingency model

George Giaglis; Klein, S.; O Keefe, Rm;
Open Access
  • Published: 01 Jul 2002 Journal: Information Systems Journal, volume 12, pages 231-246 (issn: 1350-1917, eissn: 1365-2575, Copyright policy)
  • Publisher: Wiley
Abstract
Abstract. Early research in electronic markets seemed to suggest that e- commerce transactions would result in decreased costs for buyers and sellers alike, and would therefore ultimately lead to the elimination of intermediaries from electronic value chains. However, a careful analysis of the structure and functions of electronic marketplaces reveals a different picture. Intermediaries provide many value-adding functions that cannot be easily substituted or ‘internalized’ through direct supplier–buyer dealings, and hence mediating parties may continue to play a significant role in the e-commerce world. In this paper we provide an analysis of the potential roles...
Subjects
ACM Computing Classification System: ComputingMilieux_COMPUTERSANDSOCIETY
free text keywords: Intermediary, Commerce, Intermediation, Economics, Market dynamics, Electronic markets, Disintermediation, Industrial organization, Contingency theory
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publication . Article . Other literature type . 2002

The role of intermediaries in electronic marketplaces: developing a contingency model

George Giaglis; Klein, S.; O Keefe, Rm;