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Electronic markets and electronic hierarchies in the context of electronic commerce

Published: 15 August 2005 Publication History

Abstract

According to the theory of Transaction Cost Economics, markets and hierarchies are two basic and alternative models of organization. In the environment of Electronic Commerce, markets and hierarchies have been transforming into Electronic markets (EMs) and Electronic Hierarchies (EHs). It shows that both EMs and EHs have been developed in the environment of Electronic Commerce. However, as two different mechanisms; the relationship between them is not only contradiction but also coordination. In this paper, the relationships between EMs and EHs in the context of electronic commerce will be discussed.

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cover image ACM Other conferences
ICEC '05: Proceedings of the 7th international conference on Electronic commerce
August 2005
957 pages
ISBN:1595931120
DOI:10.1145/1089551
  • Conference Chairs:
  • Qi Li,
  • Ting-Peng Liang
Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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Association for Computing Machinery

New York, NY, United States

Publication History

Published: 15 August 2005

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  1. contradiction
  2. coordination
  3. electronic hierarchy
  4. electronic market

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