Abstract:Vertical electronic marketplace (EM) is a new inter-organizational intermediary within a single industry that enables participating buyers and sellers to exchange information about price and product offerings and to cooperate on commodity exchange. Prior research on EM design has given a heavy weight on auction mechanism design. However, the feasibility of e-procurement auction to auction providers has long been ignored in academic. With an analysis on 157 vertical EMs from six different industries, this paper… Show more
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