DocumentCode :
2554488
Title :
Third Parth Subsidy is Not Effective towards Improving the Trading Efficiency for Most E-Business Markets
Author :
Ngai Lung ; Liu Lian-chen ; Wu Cheng ; He Ling-juan
Author_Institution :
Tsinghua Univ., Beijing
fYear :
2007
fDate :
11-14 Dec. 2007
Firstpage :
40
Lastpage :
47
Abstract :
Research equipments in China were heavily underutilized. An e-business market was created to allow students to reserve available equipment service time from different universities; however, low trading success rate has been the bottleneck of the market efficiency. A third-party subsidy program is being considered to encourage equipment service providers (sellers) to lower their asking prices; hence it should improve the trading success rate. For varies reasons, most e-business markets have higher than usual price dispersion problems. Third-party subsidy program will not be as effective towards high price dispersal markets. Experimental results confirm that subsidy will provide little improvement towards the overall trading success rate, within a market with high price dispersion problem.
Keywords :
electronic commerce; pricing; e-business market; equipment service provider; price dispersion problem; third-party subsidy program; trading efficiency; trading success rate; Computer science education; Dispersion; Helium; Humans; Information technology; Internet; Lungs; Mediation; Pricing; Software;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Asia-Pacific Service Computing Conference, The 2nd IEEE
Conference_Location :
Tsukuba Science City
Print_ISBN :
0-7695-3051-6
Type :
conf
DOI :
10.1109/APSCC.2007.1
Filename :
4414439
Link To Document :
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