Agent-Intermediated Electronic Markets in International Freight Transportation

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dc.contributor.authorNault, Barrie R
dc.contributor.authorDexter, Albert S.
dc.date.accessioned2015-06-12T20:58:58Z
dc.date.available2015-06-12T20:58:58Z
dc.date.issued2006-05
dc.description* Elsevier: We are able to post the post print/accepted author manuscript or the pre-print file (http://www.elsevier.com/journal-authors/author-rights-and-responsibilities#author-posting). Article deposited according to Publisher's policy 06/11/2015en_US
dc.description.abstractIn many industries, agent-intermediated markets are inefficient because information about latent demand and supply never gets to market. We demonstrate how information technology (IT) in the form of an agent-intermediated electronic market (EM) alleviates this problem by enhancing the agent-as-market-maker using the international freight transportation industry as an example. We find that an EM increases agent participation and investment thereby increasing demand and supply. Because of tradeoffs between incentives for investment, the EM chooses a profit allocation between agents resulting in limited agent participation. In addition, when price depends on demand and supply balances, price and volume in the market can increase simultaneously.en_US
dc.description.refereedYesen_US
dc.identifier.citationNault, B.R., and A.S. Dexter, "Agent-Intermediated Electronic Markets in International Freight Transportation," Decision Support Systems, 41 (May 2006), 787-802.en_US
dc.identifier.doihttp://dx.doi.org/10.11575/PRISM/34141
dc.identifier.issn0167-9236
dc.identifier.urihttp://hdl.handle.net/1880/50474
dc.language.isoenen_US
dc.publisherElsevieren_US
dc.publisher.corporateUniversity of Calgaryen_US
dc.publisher.departmentManagement Information Systemsen_US
dc.publisher.facultyHaskayne School of Businessen_US
dc.publisher.institutionUniversity of Calgaryen_US
dc.publisher.urlhttp://www.elsevier.com/en_US
dc.subjectElectronic marketsen_US
dc.subjectTransportationen_US
dc.subjectIntermediationen_US
dc.titleAgent-Intermediated Electronic Markets in International Freight Transportationen_US
dc.typejournal article
thesis.degree.disciplineManagement Information Systemsen_US
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