作者：Bakos, JY
作者单位：University of California System; University of California Irvine
摘要：Information systems can serve as intermediaries between the buyers and the sellers in a market, creating an electronic marketplace that lowers the buyers' cost to acquire information about seller prices and product offerings. As a result, electronic marketplaces reduce the inefficiencies caused by buyer search costs, in the process reducing the ability of sellers to extract monopolistic profits while increasing the ability of markets to optimally allocate productive resources. This article mod...
作者：Desiraju, R; Moorthy, S
作者单位：University of Delaware; University of Rochester
摘要：In this paper we study how performance requirements may improve the working of a distribution channel when the retailer is better informed about demand conditions than the manufacturer. Performance requirements means that the manufacturer and retailer agree to (1) have the manufacturer set requirements on retail price or service or both, and (2) jointly invest in the information systems required to monitor the retailer's compliance with the requirements. We show that performance requirements o...
