Abstract:Abstract-Online auction is one of the few examples of how e-commerce over the Internet can truly transform a business model, rather than simply transplanting it to a different medium. From the selling and buying of personal possessions among private individuals, it has grown to become a major alternative distribution channel for most commercial goods. While restaurants may not be a natural fit for this model initially, viable markets are indeed emerging in the form of gift certificates and discount coupons. In… Show more
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