2000 | OriginalPaper | Chapter
Electronic Markets: Impact and Implications
Authors : Troy J. Strader, Michael J. Shaw
Published in: Handbook on Electronic Commerce
Publisher: Springer Berlin Heidelberg
Included in: Professional Book Archive
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In this chapter we survey the economic impact of electronic markets (e-markets). We identify and analyze examples of e-markets, the impact of e-markets on the structure of industries, buyer and seller cost differences for traditional and electronic markets, revenue source implications for sellers and transaction intermediaries, and determinants of e-market success. The overall issue addressed is whether there are economic incentives for electronic markets, or are they just a passing fad?