With the current prosperity of the luxury market, this paper focuses on e-commence market situation of China’s luxury, disintegrates all the parts during the process of the luxury’s e-commence online shopping, analyzes the three targets and three links of the current e-commence websites at the material level and finds out its appearing relevant problems. This paper also delves deeper and puts f...

We study lender behavior in the peer-to-peer (P2P) lending market, where individuals bid on unsecured microloans requested by other individual borrowers. Online P2P exchanges are growing, but lenders in this market are not professional investors. In addition, lenders have to take big risks because loans in P2P lending are granted without collateral. While the P2P lending market shares some char...

Online Appendix In this online appendix, I first provide a brief comparison of the small noise expansion series and the Taylor expansion series. I then use separably Taylor expansion series and the small noise expansion series to derive the pricing kernel in a one-market model with two dates, and the pricing kernel in a two-market model with three dates. I thereafter, investigate whether one ob...

The online content market for news and music is changing rapidly with the spread of technology and innovative business models (e.g. the online delivery of music, specialised subscription news services). It is correspondingly hard for suppliers of online content to anticipate developments and the effects of their businesses. The paper describes a prototype multiagent simulation to model possible...

The market for knowledge has grown dramatically over the past decades. Extant work underscores the factors shaping market efficacy: (a) the cost of searching for innovative knowledge; (b) asymmetric-information between inventors and investors; and (c) the inherent difficulty in maintaining ownership over knowledge. Recently, market transactions have been taking place online, matching disperse o...

BACKGROUND Patient and consumer access to eHealth information is of crucial importance because of its role in patient-centered medicine and to improve knowledge about general aspects of health and medical topics. OBJECTIVES The objectives were to analyze and compare eHealth search patterns in a private (United States) and a public (United Kingdom) health care market. METHODS A new taxonomy ...

At the sharing economy era, the online food reservation market has experienced great changes, such as the mobilization of ordering,cooperation of logistics , diversification of revenue stream. The ordering patterns has also changed from network order to improve user experience. At present, online food reservation market has difficulties inquickly dealing with the impacts and challenges bought b...

From experimental evaluation, we reasonably infer that online trading algorithms can beat the market. We consider the scenario of trading in financial market and present an extensive experimental study to answer the question “Can online trading algorithms beat the market?”. We evaluate the selected set of online trading algorithms on DAX30 and measure the performance against buy-and-hold strate...

This paper analyses market efficiency and the role of the virtual location in digital markets using a data set containing more than 23,000 price observations from the online market for contact lenses as well as detailed information about online retailer and product characteristics. The data allow to implement and test the concept of virtual location. The empirical results reveal evidence for lo...