Market Transparency in Business-to-Business e-Commerce

2011 ◽  
Vol 7 (4) ◽  
pp. 62-78
Author(s):  
Yasin Ozcelik ◽  
Zafer D. Ozdemir

Market transparency refers to the level of current trade information revealed to participants by market makers. This paper analyzes the effect of market transparency on the outcomes of posted-offer style Business-to-Business e-commerce markets. First, increasing market transparency improves the price-tracking ability of sellers, and results in higher efficiency. However, revelation of quantity information on transactions is not very crucial as opposed to price information. Second, although sellers extract significantly higher surplus (profit) than buyers can do in a posted-offer market, the difference vanishes with increasing market transparency. Lastly, sellers in posted-offer markets respond poorly to external demand shocks. Interestingly, the poor price-tracking performance of sellers hurts buyers more. In other words, seller profits are much less sensitive to demand shocks as compared to buyer surpluses.

Author(s):  
Yasin Ozcelik ◽  
Zafer D. Ozdemir

Market transparency refers to the level of current trade information revealed to participants by market makers. This paper analyzes the effect of market transparency on the outcomes of posted-offer style Business-to-Business e-commerce markets. First, increasing market transparency improves the price-tracking ability of sellers, and results in higher efficiency. However, revelation of quantity information on transactions is not very crucial as opposed to price information. Second, although sellers extract significantly higher surplus (profit) than buyers can do in a posted-offer market, the difference vanishes with increasing market transparency. Lastly, sellers in posted-offer markets respond poorly to external demand shocks. Interestingly, the poor price-tracking performance of sellers hurts buyers more. In other words, seller profits are much less sensitive to demand shocks as compared to buyer surpluses.


2019 ◽  
Vol 34 (7) ◽  
pp. 1459-1467 ◽  
Author(s):  
Sherese Y. Duncan ◽  
Raeesah Chohan ◽  
João José Ferreira

Purpose This paper aims to explore, using the employee lens of business-to-business firms, word use through brand engagement and social media interaction to understand the difference between employees who rate their employer brands highly on social media and those who don't. Design/methodology/approach We conducted a textual content analysis of posts published on the social media job evaluation site glassdoor.com. LIWC software package was used to analyze 30 of the top 200 business-to-business brands listed on Brandwatch using four variables, namely, analytical thinking, clout, authenticity and emotional tone. Findings The results show that employees who rate their employer’s brand low use significantly more words, are significantly less analytic and write with significantly more clout because they focus more on others than themselves. Employees who rate their employer’s brand highly, write with significantly more authenticity, exhibit a significantly higher tone and display far more positive emotions in their reviews. Practical implications Brand managers should treat social media data disseminated by individual stakeholders, like the variables used in this study (tone, word count, frequency), as a valuable tool for brand insight on their industry, competition and their own brand equity, now and especially over time. Originality/value This study provides acknowledgement that social media is a significant source of marketing intelligence that may improve brand equity by better understanding and managing brand engagement.


2021 ◽  
Vol 11 (13) ◽  
pp. 5914
Author(s):  
Daniel Reyes-Uquillas ◽  
Tesheng Hsiao

In this article, we aim to achieve manual guidance of a robot manipulator to perform tasks that require strict path following and would benefit from collaboration with a human to guide the motion. The robot can be used as a tool to increase the accuracy of a human operator while remaining compliant with the human instructions. We propose a dual-loop control structure where the outer admittance control loop allows the robot to be compliant along a path considering the projection of the external force to the tangential-normal-binormal (TNB) frame associated with the path. The inner motion control loop is designed based on a modified sliding mode control (SMC) law. We evaluate the system behavior to forces applied from different directions to the end-effector of a 6-DOF industrial robot in a linear motion test. Next, a second test using a 3D path as a tracking task is conducted, where we specify three interaction types: free motion (FM), force-applied motion (FAM), and combined motion with virtual forces (CVF). Results show that the difference of root mean square error (RMSE) among the cases is less than 0.1 mm, which proves the feasibility of applying this method for various path-tracking applications in compliant human–robot collaboration.


2018 ◽  
Vol 108 (12) ◽  
pp. 3778-3813 ◽  
Author(s):  
Lorenzo Casaburi ◽  
Jack Willis

The gains from insurance arise from the transfer of income across states. Yet, by requiring that the premium be paid up front, standard insurance products also transfer income across time. We show that this intertemporal transfer can help explain low insurance demand, especially among the poor, and in a randomized control trial in Kenya we test a crop insurance product which removes it. The product is interlinked with a contract farming scheme: as with other inputs, the buyer of the crop offers the insurance and deducts the premium from farmer revenues at harvest time. The take-up rate for pay-at-harvest insurance is 72 percent, compared to 5 percent for the standard pay-up-front contract, and the difference is largest among poorer farmers. Additional experiments and outcomes provide evidence on the role of liquidity constraints, present bias, and counterparty risk, and find that enabling farmers to commit to pay the premium just 1 month later increases demand by 21 percentage points. (JEL G22, I32, O13, O16, Q12, Q14)


2017 ◽  
Vol 40 ◽  
Author(s):  
Michala Iben Riis-Vestergaard ◽  
Johannes Haushofer

AbstractPepper & Nettle make an ambitious and compelling attempt to isolate a common cause of what they call the behavioral constellation of deprivation. We agree with the authors that limited control can indeed help explain part of the difference in observed present-oriented behavior between the poor and the rich. However, we suggest that mortality risk is not the primary mechanism leading to this apparent impatience.


2009 ◽  
Vol 40 (3) ◽  
pp. 34-46 ◽  
Author(s):  
Laurence Lecoeuvre Soudain ◽  
Philippe Deshayes ◽  
Henrikki Tikkanen

Based on a business-to-business (B-to-B) case within the automotive industry, this study proposes logics (constructivist and determinist, respectively) of protagonists and highlights the complexity of their dynamics during the successive project's phases. The concept of milieu will emphasize the complex business in which project marketing takes place; notably, it allows better identification of relevant relationships. Our article focuses on this concept of milieu with regard to the interactions between project marketing and project management actors during project phases. In particular, this article underlines the difference and the accommodation between the dynamics of interaction and the dynamics of congruence of marketing and management logics.


An Naba ◽  
2020 ◽  
Vol 3 (1) ◽  
pp. 30-38
Author(s):  
Muhammad Singgih

This research is based on the poor ability of students to understand Arabic texts and the lack of interest in reading that is owned by students. So, the students have difficulty in understanding Arabic lessons. The problem in this research is "Is the Al-Qiroah method able to improve reading comprehension in Arabic languageand how to increase the use of the Al-Qira'ah method in reading comprehension in Arabic class lessons VII A HafshohDarul Fattah Qur'an Middle School? " while the purpose of this research was to determine the effect of the Al-Qira’ah method on reading comprehension in Arabic class VII A Hafshoh Middle School Qur'an Darul Fattah and to describe the increased use of the Al-Qira’ahmethod in reading comprehension in Arabic class VII A Hafshoh Middle School Qur'an Darul Fattah. The type of research that researchers use is Classroom Action Research (CAR). The subject of this research is class VII AHafshoh Middle School Qur'an Darul Fattah amounting to 27 students. This research was conducted in two cycles and each cycle has four learning meetings. In this research, the average value of the students reading comprehension test in the pretest was 60.72, in the first cycle was 66.60 and in the second cycle was 82.02, with the difference in the increase in the pretest to the first cycle increasing by 5.88 points or equivalent to 9.68%. Meanwhile the first cycle to the second cycle increased by 15.42 points or equivalent to 23.15%. It can be concluded that learning by using the Al-Qiro’ah method can improve reading comprehension in Arabic class VII A Hafshoh students at Darul Fattah Qur'an Middle School.


2019 ◽  
Vol 2 ◽  
pp. 131
Author(s):  
Siti Nuraini ◽  
Riski Isminar Ardianti ◽  
Deddy Kurniawansyah ◽  
Izzato Millati

This study will examine the system of implementing the Banyuwangi Regional healthcare program, especially in the implementation of pro-poor budgeting in poverty reduction. The method used in this study is descriptive qualitative with respondents are resource persons who are beneficiaries of regional healthcare, health services and technical support officers at the village level. The results of this study indicate that the implementation of public healthcare in Banyuwangi Regency has been running well overall. Regional healthcare in Banyuwangi Regency, as usual, called poor statement letters (SPM). In terms of implementation, the comparison between manual and online management of SPM is very different. The arrangement of SPM online in accordance with the statement of the village head and health service only requires a maximum of one day. Whereas in reality, online SPM management can reach three working days, faster than the time needed for manual management because it takes approximately one week. The difference in the management of the SPM needs to be minimized so that all communities are able to obtain healthcare benefits appropriately. Most of the respondents, 95 percent stated that the regional healthcare program provided considerable benefits for the community, especially the poor.


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