Title
An exploratory study of the emerging role of electronic intermediaries
Abstract
It is often argued that as electronic markets lower the cost of market transactions, traditional roles for intermediaries will be eliminated, leading to "disintermediation." We discuss the findings of an exploratory study of intermediaries in electronic markets that suggest that markets do not necessarily become disintermediated as they become facilitated by information technology. We explore thirteen case studies of firms participating in electronic commerce and find evidence of certain new emerging roles for electronic intermediaries, including aggregating, matching suppliers and customers, providing trust, and providing interorganizational market information. Two specific examples are discussed in greater detail to illustrate an unsuccessful strategy for electronic intermediation (BargainFinder) as well as a successful one (Firefly).
Year
Venue
Field
1997
Int. J. Electronic Commerce
Intermediary,Economics,Electronic data interchange,Information technology,Commerce,Disintermediation,Electronic markets,Intermediation,Firefly protocol,Exploratory research,Marketing
DocType
Volume
Issue
Journal
1
3
Citations 
PageRank 
References 
233
39.06
3
Authors
2
Search Limit
100233
Name
Order
Citations
PageRank
Joseph P. Bailey134553.96
Yannis Bakos2963115.12