Name
Abstract | ||
|---|---|---|
Nora is a joint project between Concordia University, Canada, and University Karlsruhe, Germany, through which a group of researchers of Auction and Negotiation meet together in order to deeply investigate the differences and possible impacts of the use of different electronic market mechanisms. The objective of the project is to build a comprehensive research framework and knowledge base from multiple discipline perspectives (e.g. economics, behavioral science, psychology, information system (IS) research, computer science, etc), through continuous and accumulative work. The research under this project would bring valuable knowledge and support to businesses, helping them to do better decision in transactions, especially in the cyberspace (Malone et al., 1987), whereby the appropriate use of electronic market transaction system and mechanisms would further increase social welfare and better satisfy agents with the transaction process if possible (Smith, 1982). Our first aim is to establish a framework that would allow the comparison of transaction mechanism (auction vs. negotiation). In the literature research phase, we encountered the problem of embeddedness, meaning that whichever mechanism under investigation is necessarily embodied in a market system. From an economic perspective, we can argue that the system is the vehicle through which the mechanism drives the market. Whereas from an IS perspective, the mechanism is the rules of encounter, a part of a larger artifact, the system. Therefore, our problem became amplified not only with the notion of comparing mechanisms, but also that of comparing systems. We established the TIMES framework, where the antecedents for study are Task, Individual, Mechanism, Environment and System. The consequences are both subjective and objective variables measuring IS and economic outcomes. In a series of experiments, we debut by examining the difference between multi-attribute, English auctions with multi-attribute, multi- bilateral negotiations. Framework: The TIMES framework examines the interaction among task, individual(s), mechanism, environment and system(s) in terms of system usages and economic behaviors in order to achieve a market transaction, as measured by substantive and relationship-based outcomes. This framework is depicted in figure 1. NorA is an instantiation of TIMES, such that the |
Year | Venue | Keywords |
|---|---|---|
2006 | Negotiation and Market Engineering | knowledge base,information system,behavioral science,social welfare,transaction processing,english auction,research framework,satisfiability |
Field | DocType | Citations |
Information system,World Wide Web,Computer science,Knowledge management,Common value auction,Market system,Knowledge base,Database transaction,Embeddedness,Conceptual framework,Negotiation | Conference | 0 |
PageRank | References | Authors |
0.34 | 2 | 3 |
Name | Order | Citations | PageRank |
|---|---|---|---|
| Eva Chen | 1 | 56 | 5.87 |
| Bo Yu | 2 | 166 | 19.41 |
| Klaus Kolitz | 3 | 3 | 0.76 |