The design of business models is of decisive importance and as such it has been a major research theme in service and particularly electronic markets. Today, different definitions of the term and ideas of core constructs of business models exist. In this paper we present a unified vocabulary for business models that builds upon the elementary perception of three existing, yet very dissimilar on...

Designing electronic markets is a difficult task. Due to the complexities inherent to the design, the approach of market engineering provides a structured engineering process that divides the design process into phases and recommends methods to solve the tasks within the single design phases. This paper introduces the tool workbench CAME for designing electronic markets. The workbench supports ...

The issue of assessing the quality of a Website has received growing attention from academics and practitioners. This study applies the newly developed WebQualTM framework developed by Loiacono et al. (2002), to empirically assess if the quality of Australian Website’s impact the purchase intentions and site revisit intentions in electronic markets across three industry groups. The study furthe...

We discuss the design and the implementation of a flexible and scalable fuzzy case-based matching engine. The engine’s flexible design is illustrated for two of its core components: the internal representation of cases by means of a variety of crisp and fuzzy data types, and the fuzzy operations to execute the ensuing case matching process. We investigate the scalability of the matching engine ...

Economic organisations are facing new challenges due to the proliferation of Electronic Markets where competition and responsiveness are issues that will determine organisation’s economic survival. A Virtual Enterprise is a temporary network of individual enterprises, which, due to its higher flexibility and agility is capable of effectively responding to those challenging requirements. This pa...

Music plays an important, and sometimes overlooked part in the transformation of communication and distribution channels. With a global market volume exceeding $ 40 billion, music is not only one of the primary entertainment goods in its own right. Since music is easily personalised and transmitted, it also permeates many other services across cultural borders, anticipating social and economic ...

This paper analyzes the fundamental changes in market structures that may result from the increasing use of information teChnology. First, an analytic framework is presented and its usefulness is demonstrated in explaining several major historical changes in American business structures. Then, the framework is used to help explain how electronic markets and electronic hierarchies will allow clo...

This paper examines the short and long-term price linkages among major art and equity markets over the period 1976-2001. The art markets examined are Contemporary Masters, French Impressionists, Modern European, 19 Century European, Old Masters, Surrealists, 20 Century English and Modern US paintings. A global equity index (with dividends and capitalisation changes) is also included. Multivaria...

the study investigates consumers’ preference for cowpea reflected in the nigerian markets through price discounts and premiums that consumers pay for different cowpea characteristics. the price data used for this study were obtained through a market survey. a common data collection protocol was employed. every month, between october 2009 to december 2010, five cowpea samples per seller were bou...

this paper investigates the nature of volatility characteristics of stock returns in the bangladesh stock markets employing daily all share price index return data of dhaka stock exchange (dse) and chittagong stock exchange (cse) from 02 january 1993 to 27 january 2013 and 01 january 2004 to 20 august 2015 respectively.  furthermore, the study explores the adequate volatility model for the stoc...