Price Transparency and Market Integration

2014 ◽  
pp. 285-303
Author(s):  
Richard Friberg
Keyword(s):  
Information Technology ◽  
Market Segmentation ◽  
Market Integration ◽  
Price Dispersion ◽  
New Technology ◽  
Common Currency ◽  
Price Transparency ◽  
New Information ◽  
Depth Analysis ◽  
The Common

A few years back many predicted that new information technology and the common currency in Europe would exert a powerful equalizing pressure on prices of the same good in different locations. This chapter evaluates these predictions with a focus on empirical evaluations. We first survey the literature that links transparency to price dispersion (more transparency is associated with lower dispersion) and to price levels (there is a general presumption that prices fall as they become more transparent but by making collusion easier the effects can be the opposite in some markets). We also survey evidence that many markets are segmented along national borders and present an in-depth analysis of the mechanisms that link transparency and market segmentation. We conclude that greater transparency has important market integrating effects—but only if other barriers that separate markets are low and sellers are not able to endogenously create barriers. Overall the market integrating effects of greater transparency associated with new technology and a common currency in Europe have been minor so far.

Ford Mondeo

2011 ◽  
pp. 281-297
Author(s):  
Michael J. Mol
Keyword(s):  
Information Technology ◽  
North America ◽  
International Cooperation ◽  
New Technology ◽  
Single Model ◽  
New Model ◽  
Advantages And Disadvantages ◽  
New Information

This case weighs the advantages and disadvantages of going global. Ford presented its 1993 Mondeo model, sold as Mystique and Contour in North America, as a “worldcar”. It tried to build a single model for all markets globally to optimize scale of production. This required strong involvement from suppliers and heavy usage of new information technology. The case discusses the difficulties that needed to be overcome as well as the gains that Ford expected from the project. New technology allowed Ford to overcome most of the difficulties it had faced in earlier attempts to produce a worldcar. IT was flanked by major organization changes within Ford. Globalization did not spell obvious success though. While Ford may in the end have succeeded in building an almost global car, it did not necessarily build a car that was competitive in various markets. The Mondeo project resulted in an overhaul of the entire organization under the header of Ford 2000. This program put a heavy emphasis on globalization although it perhaps focused too little on international cooperation and too much on centralization. In terms of Ford’s own history, the Mondeo experience may not be called a new Model T, but does represent an important step in Ford’s transformation as a global firm.

Ford Mondeo

2011 ◽  
pp. 69-89
Author(s):  
Michael J. Mol
Keyword(s):  
Information Technology ◽  
North America ◽  
International Cooperation ◽  
New Technology ◽  
Single Model ◽  
New Model ◽  
Advantages And Disadvantages ◽  
New Information

This case weighs the advantages and disadvantages of going global. Ford presented its 1993 Mondeo model, sold as Mystique and Contour in North America, as a ‘world car.’ It tried to build a single model for all markets globally to optimize scale of production. This required strong involvement from suppliers and heavy usage of new information technology. The case discusses the difficulties that needed to be overcome as well as the gains that Ford expected from the project. New technology allowed Ford to overcome most of the difficulties it had faced in earlier attempts to produce a world car. IT was flanked by major organization changes within Ford. Globalization did not spell obvious success though. While Ford may in the end have succeeded in building an almost global car, it did not necessarily build a car that was competitive in various markets. The Mondeo project resulted in an overhaul of the entire organization under the header of Ford 2000. This program put a heavy emphasis on globalization although it perhaps focused too little on international cooperation and too much on centralization. In terms of Ford’s own history, the Mondeo experience may not be called a new Model T, but does represent an important step in Ford’s transformation as a global firm.

Mindfully Experimenting with IT

2014 ◽  
Vol 25 (2) ◽  
pp. 29-51 ◽  
Author(s):  
Robin S. Poston ◽  
William J. Kettinger
Keyword(s):  
Decision Making ◽  
Information Technology ◽  
Social Media ◽  
New Technology ◽  
Stakeholder Satisfaction ◽  
Media Technologies ◽  
New Information ◽  
Multi Level ◽  
Benefits And Costs

In many companies the process of new Information Technology (IT) identification and assessment lacks the rigor associated with experimentation. The realities of maintaining daily operations and the expense and expertise involved distract firms from conducting experiments. The authors explore cases of how companies introduce a new IT for the business use of digital social media. Because social media technologies are new, interest in its use is broad and diffused leading organizations to be unsure about how best to implement social media, prompting organizations to follow a mindful process of experimenting with these technologies. The cases illustrate that the extent of mindfulness influences how new technology implementations are introduced, supporting wider boundaries in assessments, richer interpretations of the IT's usefulness, multi-level foci concerning benefits and costs, persistence to continue exploration, and a greater use of fact-based decision-making. The authors observe that following a mindful introduction process reaps some of the benefits of experimentation, such as greater stakeholder satisfaction and organization-wide learning and understanding of the technology's potential.

The impact of new information technology in the developing countries

1984 ◽  
Vol 8 (5) ◽  
pp. 213-220 ◽  
Author(s):  
Peter Thorpe
Keyword(s):  
Information Technology ◽  
Developing Countries ◽  
Staff Training ◽  
New Technology ◽  
Database System ◽  
The Political ◽  
Political Will ◽  
New Information ◽  
The Impact ◽  
Graphic Database

The major constraints to the use of new information tech nology in the developing countries are identified and discus ssed, and related to the setting up of a computerised biblio graphic database system. Examples of existing systems are given to provide guidelines as to how new technology can successfully be used in the developing countries despite these constraints. It is concluded that staff training, international cooperation and socio-political aspects (attitudes) are the prior ity areas for attention by the developing countries. New tech nology can be successfully introduced only if there is the political will and all involved are fully committed to the idea.

scholarly journals Railway Sparks: Technological Development and the Common Law

2019 ◽  
Author(s):  
Mark L Wilde
Keyword(s):  
Technological Development ◽  
New Technology ◽  
Common Law ◽  
Strict Liability ◽  
Social Changes ◽  
Industrial Age ◽  
Depth Analysis ◽  
Railway Industry ◽  
The Common ◽  
Negative Side Effects

Abstract The railways have been described as Britain's ‘gift to the world’. The sheer scale, ambition and audaciousness of the engineering still inspires awe and reshaped the landscape forever. They brought towns and cities closer together and instigated irreversible economic, political and social changes. However, as is often the case with a new technology, the railways also brought negative side effects, one of the most destructive of which was fire damage caused by sparks and lighted coals from steam locomotives. The railway sparks issue has long served as a case study for the economic analysis of tort and the issue of where the loss should fall. Nevertheless, much of the analysis has lacked an appreciation of how the courts actually resolved these disputes. This has attracted some comment from tort scholars and legal historians but has never been the subject of a sustained piece of doctrinal or historical research. This article constitutes the first truly comprehensive and in-depth analysis of the cases (both reported and unreported). The study has yielded new insights into the main arguments (and in particular the need to fit spark arrestors to locomotives), the attitude of the railway industry to the problem and the role played by such cases in key doctrinal developments such as strict liability. Moreover, it examines how railway interests in Parliament were able to stymy attempts to replace the common law with a much more onerous strict liability regime under statute. As such it affords important new insights into how law responded to some of the new challenges of the Industrial Age.

scholarly journals Peran Baru Pustakawan dalam Implementasi serta Penguasaan Teknologi Informasi di Perpustakaan

2015 ◽  
Vol 10 (1) ◽  
pp. 17
Author(s):  
Haryanto Haryanto
Keyword(s):  
Information Technology ◽  
Content Analysis ◽  
Programming Languages ◽  
Research Method ◽  
Analysis Approach ◽  
Necessary Condition ◽  
New Information ◽  
The Common ◽  
Common Problems

The purpose of this paper is to examine the role of librarians in the implementation of new information technology and the importance of mastery of information technology for librarians. Data collected through content analysis approach (content analysis) to research and journals related to the role of librarians and information technology, as well as the methods of scientific observation. Content analysis is a research method used to determine the conclusion of a text.The new role of a librarian is an expert in the field of information technology that supports information, including programming languages, networking, webmaster and computer technicians. This expertise makes the library does not rely on other experts, but can overcome the common problems in the field of information technology, because basically mastery of technology and language is a necessary condition for any profession.

scholarly journals The relation between information technology and innovation process in software and not software industries in Kosovo

2018 ◽  
Vol 51 (3-4) ◽  
pp. 149-158
Author(s):  
Emin Neziraj ◽  
Afërdita Berisha-Shaqiri ◽  
Justina Shiroka Pula ◽  
Vasilika Kume ◽  
Besnik Krasniqi
Keyword(s):  
Information Technology ◽  
New Technologies ◽  
Service Industry ◽  
New Technology ◽  
Innovation Process ◽  
Quantitative Methodology ◽  
Public And Private ◽  
Software Products ◽  
New Information ◽  
Market Needs

Background and objective. This paper will focus on innovation process caused by information communication technology. The study in this paper discovers the relation of information technology in software and not software products service industry in innovation processes across their effect in the MBE-s in Kosovo. The main objective of the research study is to recognize the level of use of the new technology, respectively the new information technology in producing and service industry in Kosovo. Materials and Methods. The scientific methodology used in this work is the quantitative methodology with the deductive approach since it is intended to support the existing theory over the information technology and innovative processes. The quantitative data was use from empirical data of Statistical Agency Kosovo and authors own research. Results, the results of this study showing, the influences of information technology in innovation process with p=0. 23. Conclusion Public and Private organizations should take appropriate steps to develop and improve new technologies by creating long-term policies and strategies derived from market needs

scholarly journals Research on the task models to cooperate with the human and new technology: Evaluating the impacts on labour market

Impact ◽  
2021 ◽  
Vol 2021 (2) ◽  
pp. 73-75
Author(s):  
Isamu Yamamoto
Keyword(s):  
Artificial Intelligence ◽  
Job Satisfaction ◽  
Information Technology ◽  
Private Sector ◽  
Labour Market ◽  
New Technologies ◽  
New Technology ◽  
Well Being ◽  
Future Of Work ◽  
New Information

New information technology systems such as Artificial Intelligence (AI) are poised to disrupt nearly every aspect of employment from wages and job availability to stress and job-satisfaction. It is important to understand all aspects of a new technological introduction into the workplace, both good and bad. How governments and the private sector balance the positive and negative aspects of this latest technological disruption will be crucial to the future of work and the well-being of workers. Yamamoto, a labour economist and professor in the Faculty of Business and Commerce at Keio University in Japan, is carrying out research to better understand the impacts of new technologies like AI on workers and their well-being.

scholarly journals THE EFFECT OF PERCEIVED EASE OF USE, PERCEIVE OF USEFULNESS, PERCEIVE RISK AND TRUST TOWARDS BEHAVIOR INTENTION IN TRANSACTION BY INTERNET

2016 ◽  
Vol 9 (1) ◽  
pp. 79
Author(s):  
Yan Ari Nugroho
Keyword(s):  
Information Technology ◽  
New Technology ◽  
Ease Of Use ◽  
Perceived Usefulness ◽  
The Internet ◽  
Market Demand ◽  
Perceived Ease Of Use ◽  
New Information ◽  
Consumer Intentions ◽  
Perceive Risk

This study aims to analyze the factors that influence consumer intentions to do transaction in e-commerce, which includes factors of easy to use, effectiveness of risk and trust. It also aims to analyze the potential development of new technology through consumer behavioral intentions to use new information technology by providing information about market demand for the development of information technology to businesses to further strengthen the company’s sales strategy. The research method used multiple regressions to find out about the influence of independent variables on the dependent variable by using hypotheses. The number of samples required for this research is 100 respondents. The result showed that the four variables namely Perceived Ease in Use, Perceived Usefulness, Perceived in Risk, and Trust have significant effect on consumer interest in transacting over the internet. Also Perceive in Risk is a variable that has the most dominant influence on consumer intentions to transact over the Internet

Computer Searching and the Technical Writer

1980 ◽  
Vol 10 (3) ◽  
pp. 183-188
Author(s):  
Donna R. Dolan
Keyword(s):  
Information Technology ◽  
New Technology ◽  
Computer Search ◽  
New Information ◽  
Current Affairs ◽  
Technical Writer ◽  
Research Findings ◽  
Available Information

Computer searching, a new information technology which uses a computer to search abstracts, indexes, and reference books, is often available in the corporate library. Computer searching has several applications which are useful for the technical writer. A computer search can uncover current affairs and the latest research findings while they are still newsworthy. The computer can turn up potential markets for authors and locate experts in certain subject fields. It can verify facts and references in manuscripts, locate definitions of new terms, and retrieve all available information for a comprehensive project. This new technology leaves more time for the technical writer to spend in writing rather than researching.

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