This paper examines the value drivers and e-business infrastructures for collaborative commerce across two distinct types of business-to-business governance arrangements in Financial Services, i.e., (a) electronic markets and (b) electronic networks. This paper addresses the changing dynamics underlying global trading communities as they evolve towards greater reach and range of services for th...

The article discusses the issues of conducting transactions for agricultural products via the Internet between businesses. In particular, it is dedicated to the so-called electronic agricultural commodity marketplaces that are virtual meeting places of buyers and sellers of agricultural commodities. The purpose of this article is an indication of the changes taking place in the agricultural mar...

The accuracy of prediction markets has been documented both for markets based on real-money and those based on play-money. To test how much extra accuracy can be obtained by using real money versus play-money, we set up a real-world online experiment pitting the predictions of TradeSports.com (real-money) against those of NewsFutures.com (play-money) regarding American Football outcomes during ...

WHat is a Global market? Market Threads addresses this question by empirically analyzing the world cotton market and bringing together insights from the social sciences and new directions in the study of markets. For more than a quarter of a century, a social experiment unprecedented in world history has been in progress: neoliberal market reform on a global scale. This experiment has revealed ...

Current integration and co-movement among international stock markets has been boosted by increased globalization of the world economy, and profit-chasing capital surfing across borders. With a reputation as the fastest growing economy in the world, China’s stock market has continued gaining momentum during recent years and incurred growing attention from academicians, as well as practitioners....

In the modern society, information has become an important resource. While the overall amount of offered information is steadily growing as more and more sources are available through the Internet world-wide, accessing, valuing, and processing information continue to be a hard work. Integration architectures offer a solution for this problem and provide a unified access to a variety of sources....

The state of capital markets looks particularly poor when we consider the efforts already undertaken to improve the macroeconomic environment and reform the institutions believed to foster financial development. In the case of Latin America, the results appear even more discouraging in light of the better evolution of capital markets in East Asia and their rapid growth in developed economies (e...

Most people approach the issue of competitiveness by attempting to define what it is or what it should be. However, it is also interesting to approach the matter from a different angle by examining what factors are not essential in establishing a country’s competitiveness on world markets. While certain factors are certainly helpful for promoting competitiveness, they nonetheless should not be ...

Despite a tepid economic outlook and disheartening employment statistics, September 2010 was a strong month for equity markets around the world. The MSCI ACWI (All Country World Index) was up 9.4% for the month, with strong performance in both developed and emerging markets. In the US, the MSCI USA Index was up 9.3% with widespread gains in blue chips, tech stocks and small caps, the best Septe...