scholarly journals Flagship Entry in Online Marketplaces

2021 ◽  
Author(s):  
Ginger Zhe Jin ◽  
Zhentong Lu ◽  
Xiaolu Zhou ◽  
Lu Fang
Keyword(s):  
Online Marketplaces

scholarly journals EXPRESS: Communication in the Gig Economy: Buying and Selling in Online Freelance Marketplaces

2021 ◽  
pp. 002224292110308
Author(s):  
Stephan Ludwig ◽  
Dennis Herhausen ◽  
Dhruv Grewal ◽  
Liliana Bove ◽  
Sabine Benoit ◽  
...  
Keyword(s):  
Personal Information ◽  
Uncertainty Reduction ◽  
Uncertainty Management ◽  
Price Premiums ◽  
Gig Economy ◽  
Online Marketplaces ◽  
Affective Intensity ◽  
Dyadic Analyses ◽  
Management Theories

The proliferating gig economy relies on online freelance marketplaces, which support relatively anonymous interactions by text-based messages. Informational asymmetries thus arise that can lead to exchange uncertainties between buyers and freelancers. Conventional marketing thought recommends reducing such uncertainty. However, uncertainty reduction and uncertainty management theories indicate that buyers and freelancers might benefit more from balancing, rather than reducing, uncertainty, such as by strategically adhering to or deviating from common communication principles. With dyadic analyses of calls for bids and bids from a leading online freelance marketplace, this study reveals that buyers attract more bids from freelancers when they provide moderate degrees of task information and concreteness, avoid sharing personal information, and limit the affective intensity of their communication. Freelancers’ bid success and price premiums increase when they mimic the degree of task information and affective intensity exhibited by buyers. However, mimicking a lack of personal information and concreteness reduces freelancers’ success, so freelancers should always be more concrete and offer more personal information than buyers do. These contingent perspectives offer insights into buyer–seller communication in two-sided online marketplaces; they clarify that despite, or sometimes due to, communication uncertainty, both sides can achieve success in the online gig economy.

scholarly journals Analysis of the Offering and Resale Prices on the Second-Hand Skidders Market

Forests ◽  
2021 ◽  
Vol 12 (6) ◽  
pp. 729
Author(s):  
Mario Šporčić ◽  
Marijan Šušnjar ◽  
Zdravko Pandur ◽  
Marin Bačić ◽  
David Mijoč ◽  
...  
Keyword(s):  
Empirical Data ◽  
Working Hours ◽  
European Market ◽  
High Price ◽  
Future Trends ◽  
Sale Price ◽  
Wood Extraction ◽  
Online Marketplaces ◽  
Resale Price ◽  
Small Forest

Skidders, as self-propelled machines designed to transport trees or parts of trees by trailing or dragging it from the woods to a landing area, are still extensively used as the main wood extraction equipment in most of the Europe and worldwide. The high price of new machines (and even higher for CTL technology) makes the second-hand skidder market very interesting and appealing, especially for small forest owners and forestry contractors. So, this paper reports on a survey of used skidders available for purchase on the European market. Up-to-date empirical data was gathered by the analysis of the offerings on the main online marketplaces, i.e., specialized websites. The study included skidder make and model, variation in their age, annual usage and resale prices. The survey identified a total of 163 second-hand skidders and the results pointed out the prevalence of small-size machines (<110 kW), the average annual use (after excluding 1 year old machines from calculation) of 863 hours per year and the average re-sale price of about 65,000 EUR. Skidders are most commonly re-sold at an age of 16 years and the calculated price models show that skidder age is a stronger predictor of their value, i.e., resale price, than the total machine working hours. In the concluding section, paper also includes some reflections on possible future trends and perspectives of skidding technology in forestry.

Building Initial Trust in an Intermediary in B2C Online Marketplaces

2018 ◽  
Vol 26 (2) ◽  
pp. 27-47 ◽  
Author(s):  
Ilyoo Barry Hong
Keyword(s):  
Empirical Analysis ◽  
Questionnaire Survey ◽  
Trust Model ◽  
Consumer Trust ◽  
Initial Trust ◽  
Online Marketplaces ◽  
First Time

The author develops and test a consumer trust model for building first-time buyer's trust in an intermediary in Korean online marketplaces. Data was collected via a questionnaire survey using 218 respondents. Results from an empirical analysis indicate that while all the three factors of trustworthiness were found to be a predictor of overall initial trust in the intermediary, ‘integrity' turned out to have the strongest association with overall trust. The author's findings suggest that trustworthiness beliefs and trust are conceptually distinct from each other and that the former is a predictor of the latter. The article offers implications for both academics and practitioners of online marketplaces.

scholarly journals Demystifying the Opioid Trade in Anonymous Markets and Forums (Preprint)

2020 ◽  
Author(s):  
Zhengyi Li ◽  
Xiangyu Du ◽  
Xiaojing Liao ◽  
Xiaoqian Jiang ◽  
Tiffany Champagne-Langabeer
Keyword(s):  
Public Health ◽  
Supply Chain ◽  
Large Scale ◽  
Supply And Demand ◽  
Opioid Use Disorder ◽  
Public Health Issue ◽  
Opioid Use ◽  
Longitudinal Measurement ◽  
Online Marketplaces ◽  
Trading Activities

BACKGROUND Opioid use disorder presents a public health issue afflicting millions across the globe. There is a pressing need to understand the opioid supply chain to gain new insights into the mitigation of opioid use and effectively combat the opioid crisis. The role of anonymous online marketplaces and forums that resemble eBay or Amazon, where anyone can post, browse, and purchase opioid commodities, has become more and more important in opioid trading. Therefore, a greater understanding of anonymous markets and forums may enable public health officials and other stakeholders to comprehend the scope of the crisis. OBJECTIVE The objective of this work is to profile the opioid supply chain in anonymous markets and forums via a large-scale, longitudinal measurement study on anonymous market listings and posts. Toward this, we propose a series of techniques to collect data, to identify opioid jargon terms used in the anonymous marketplaces and forums, and to profile the opioid commodities, suppliers, and transactions. METHODS We first conducted a whole-site crawl of anonymous online marketplaces and forums to solicit data. Then, we developed a suite of opioid domain-specific text mining techniques (e.g., opioid jargon detection, opioid trading information retrieval) to recognize information relevant to opioid trading activities (e.g., commodities, price, shipping information, suppliers, etc.). After that, we conducted a comprehensive, large-scale, longitudinal study to demystify opioid trading activities in anonymous markets and forums. RESULTS A total of 248,359 listings from 10 anonymous online marketplaces and 1,138,961 traces (i.e., threads of posts) from 6 underground forums were collected. Among them, we identified 28,106 opioid product listings and 13,508 opioid-related promotional and review forum traces from 5147 unique opioid suppliers’ IDs and 2778 unique opioid buyers’ IDs. Our study characterized opioid suppliers (e.g., activeness and cross-market activities), commodities (e.g., popular items and their evolution), and transactions (e.g., origins and shipping destination) in anonymous marketplaces and forums, which enabled a greater understanding of the underground trading activities involved in international opioid supply and demand. CONCLUSIONS The results provide insight into opioid trading in the anonymous markets and forums, and may prove an effective mitigation data point for illuminating the opioid supply chain.

scholarly journals An Overview and Evaluation of the Cat Market Design Competition

2018 ◽  
Author(s):  
Tim Miller ◽  
Jinzhong Niu ◽  
Martin Chapman ◽  
Peter McBurney
Keyword(s):  
Computer Science ◽  
Mechanism Design ◽  
State Of The Art ◽  
Market Design ◽  
The State ◽  
Online Commerce ◽  
Competitive Environments ◽  
Online Marketplaces ◽  
Design Competition ◽  
History Of

The rise of online commerce has led to an emerging discipline at the intersection of economics and computer science, a discipline which studies the properties and dynamics of automated trading in online marketplaces. The CAT Market Design Tournament was created to promote research into the design and deployment of economic mechanisms for such online marketplaces, particularly mechanisms able to adapt automatically to dynamic competitive environments. This research competition, which ran from 2007 to 2011), was won by four different teams and had entrants from thirteen countries. This chapter describes the motivation and history of the tournament and presents research that has arisen from it. The winners were experimentally “played off” to evaluate whether the state of the art in automated mechanism design improved during the CAT competition. The results show a clear and consistent improvement, supporting the belief that the competition has encouraged research in the field.

DAMPAK FLASH SALE COUNTDOWN TIMER DI MARKETPLACE ONLINE PADA KEPUTUSAN PEMBELIAN DENGAN MINAT BELI SEBAGAI INTERVENING

2021 ◽  
Vol 1 (1) ◽  
Author(s):  
Herlina Herlina ◽  
Julia Loisa ◽  
Teady Matius Surya Mulyana
Keyword(s):  
Regression Analysis ◽  
Purchase Intention ◽  
Quantitative Research ◽  
Purchase Decision ◽  
Limited Time ◽  
Purchasing Decisions ◽  
Online Marketplaces ◽  
Product Promotion ◽  
At Home

<em><span lang="IN">Flash Sale</span></em><span lang="IN"> <em>Countdown Timer</em> merupakan bagian dari promosi produk di<em> marketplace online</em> eperti tokopedia, shopee, lazada biasanya letaknya di home menyajikan barang dalam bentuk <em>flash sale </em>yang telah diberikan diskon besar-besaran pada produk tertentu dalam waktu yang terbatas. <em>Flash Sale</em> <em>Countdown timer</em> merupakan layanan promosi menggiring konsumen pengunjung marketplace online untuk berpikir cepat melakukan pembelian selagi diskon besar-besaran dalam waktu terbatas.</span><span>Penelitian ini merupakan jenis penelitian kuantitatif dengan menggunakan analisis regresi dan korelasi. Sampel dalam penelitian ini adalah 85 responden yang diambil secara exsidental. Tujuan dari penelitian ini adalah 1)mengetahui apakah<em> </em></span><em><span lang="IN">Flash Sale</span></em><span lang="IN"> <em>Countdown timer</em> memiliki dampak pada minat beli konsumen</span><span>, 2)mengetahui apakah</span><em><span lang="IN"> Flash Sale</span></em><span lang="IN"> <em>Countdown timer </em>memiliki <em> </em>pada keputusan pembelian produk</span><span>. 3)mengetahui apakah</span><em><span lang="IN"> Flash Sale</span></em><span lang="IN"> <em>Countdown timer </em>memiliki dampak<em> </em>pada keputusan pembelian jika minat beli sebagai variabel intervening.</span><span> Hasil penelitian ini adalah </span><span> </span><em><span lang="IN">Flash Sale </span><span>C</span><span lang="IN">ountdown Timer</span></em><span>memiliki pengaruh yang signifikan terhadap minat beli konsumen. Kontribusi </span><em><span lang="IN">Flash Sale </span><span>C</span><span lang="IN">ountdown Timer</span></em><span><span>dalam menjelaskan minat beli adalah sebesar 33,76% dan sisanya 66,245 dijelaskan oleh variabel lain 2) </span></span><em>Flash Sale</em> <em>Countdown timer</em><em> </em>memiliki pengaruh yang signifikan terhadap keputusan pembelian. Dan Kontribusi <em>Flash Sale</em> <em>Countdown</em><em>timer </em>dalam menjelaskan keputusan pembelian sebesar 43,1%  dan sisanya 56,9% dijelaskan oleh variabel lain. 3) <em>Flash Sale</em> <em>Countdown timer</em>pada keputusan pembelian dengan minat beli sebagai intervening memiliki pengaruh yang signifikan<p><strong>Kata Kunci:</strong> <em>Flash Sale</em> <em>Countdown timer</em><em>, </em>Minat Beli, Keputusan Pembelian.</p><p> </p><p><em>Flash Sale Countdown Timer is part of product promotion in online marketplaces such as tokopedia, shopee, lazada, usually at home, presenting goods in the form of flash sales that have been given massive discounts on certain products for a limited time. Flash Sale Countdown timer is a promotional service that leads consumers who visit online marketplaces to think quickly about making purchases while having massive discounts for a limited time. This research is a type of quantitative research using regression analysis and correlation. The sample in this study were 85 respondents who were taken exsidentally. 1) knowing whether the Flash Sale Countdown timer has an impact on consumer buying interest, 2) knowing whether the Flash Sale Countdown timer has on product purchasing decisions. 3) determine whether the Flash Sale Countdown timer has an impact on purchasing decisions if purchase intention is an intervening variable. The result of this research is the Flash Sale Countdown Timer has a significant effect on consumer buying interest. And the contribution of Flash Sale Countdown Timer in explaining purchase intention is 33.76% and the remaining 66.245 is explained by other variables 2) Flash Sale Countdown timer has a significant effect on purchasing decisions. And the Contribution of Flash Sale Countdowntimer in explaining purchasing decisions is 43.1% and the remaining 56.9% is explained by other variables. 3) Flash Sale Countdown timer on purchasing decisions with buying interest as intervening has a significant effect</em></p><p><em><strong>Keywords</strong>: Flash Sale Countdown timer, Purchase Interest, Purchase Decision</em></p>

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