The application of Internet--based virtual stock markets (VSMs) is an additional approach that can be used to predict short-- and medium--term market developments. The basic concept involves bringing a group of participants together via the Internet and allowing them to trade shares of virtual...

The Internet has enabled consumers to make more informed decisions more conveniently with apparently more efficient price-clearing mechanisms than was available before its advent. One such mechanism is the name-your own-price auction. The authors study the extent to which decisions made in such...

Smartphones impact all stages of the customer journey and digitize consumers' offline search by providing access to product information anywhere and at any time. However, very little is known about how smartphones impact the way consumers search for product information when shopping for offline...