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Business-to-consumer online auctions form an important element in the portfolio of mercantile processes that facilitate electronic commerce activity. Much of traditional auction theory has focused on analyzing single-item auctions in isolation from the market context in which they take place. We...
Persistent link: https://www.econbiz.de/10009197425
We explore the problem of pricing and allocation of unique, one-time digital products in the form of data streams. We look at the short-term problem where the firm has a capacitated shared resource and multiple products or service levels. We formulate the allocatively efficient Generalized...
Persistent link: https://www.econbiz.de/10009203743
The rapid pace of technological innovation necessitates that information technology (IT) services firms continually invest in replenishing the skills of their key asset base, the human capital. We examine whether human capital investments directed toward employee training are effective in...
Persistent link: https://www.econbiz.de/10010990443
A practical model and an associated method are developed for providing consistent, deterministically correct responses to ad-hoc queries to a database containing a field of binary confidential data. COUNT queries, i.e., the number of selected subjects whose confidential datum is positive, are to...
Persistent link: https://www.econbiz.de/10009218134
Despite the abundance of studies on consequences of certification, there is little empirical research on what motivates sellers to attempt certifications in the first place. One of the most intriguing theoretical predictions is the “information unraveling” proposition, which predicts a...
Persistent link: https://www.econbiz.de/10010615273
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We study settings where a number of sellers simultaneously offer vertically differentiated Vickrey auctions for imperfect substitute goods to unit-demand buyers. Vertical differentiation can arise from differences in item quality, item value certainty, seller reliability, or a combination of...
Persistent link: https://www.econbiz.de/10009293045
The growing importance of online social networks makes it interesting to ask whether extant social capital can substitute for trust built through repeated interactions. It also provides fertile ground for researchers seeking to gain a deeper understanding of fundamental constructs of human...
Persistent link: https://www.econbiz.de/10010930539
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