Article history: Received 7 May 2011 Received in revised form 3 November 2012 Accepted 16 January 2013 Available online 26 January 2013 We analyze how gender and age, internal characteristics of retail futures traders—one that remains fixed while the other changes over a lifetime—and the security being traded and bull– bear market conditions, two external factors, are related to the disposition...

This study investigates the E-mineral rights trade market in China. This market could improve information disclosure, transparency and efficiency of mineral rights. In China, all mineral resources belong to the country, so this Electronic trade market is both E-business and E-government. Their subjects include departments of land and resources administration, government departments, State-owned...

Cash-like payments in electronic commerce and at the traditional point of sale are expected to be beneficial, e.g., because of privacy protection, low transaction costs, and irrevocability. Therefore, we discuss how to design electronic cash in a way that it both mirrors the most important characteristics of traditional cash, but also fulfils the expectations which arise towards electronic mean...

Auctions are formalized trading procedures in which the trading partners' interaction is governed by specific trading rules. Empirically we find a multiplicity of auction types with different trade objects, access rules for participants, and trading rules. During the 1980ies electronic auctions have been developed and implemented which distributed not only information about the trade objects el...

Electronic commerce has enabled the use of intelligent agent technologies that can evaluate buyers, customize, and price in real-time. Our model of an electronic market with customizable products analyzes the pricing, profitability and welfare implications of agent-based technologies that price dynamically, based on product preference information revealed by consumers. We find that in making th...

Electronic commerce has added a new complex issue to international trade. It is based upon the assumption that buyers and sellers conduct business with very little information about each other. This lack of information about the contracting parties reputation makes risk assessment more complex and the importance of trust in online contracting becomes increasingly important. The difficulties and...