{"id":"https://openalex.org/W1583757148","doi":"https://doi.org/10.1080/10864415.1999.11518364","title":"The Impact of Electronic Marketplaces on Product Prices: An Empirical Study of AUCNET","display_name":"The Impact of Electronic Marketplaces on Product Prices: An Empirical Study of AUCNET","publication_year":1999,"publication_date":"1999-12-01","ids":{"openalex":"https://openalex.org/W1583757148","doi":"https://doi.org/10.1080/10864415.1999.11518364","mag":"1583757148"},"language":"en","primary_location":{"id":"doi:10.1080/10864415.1999.11518364","is_oa":false,"landing_page_url":"https://doi.org/10.1080/10864415.1999.11518364","pdf_url":null,"source":{"id":"https://openalex.org/S18436875","display_name":"International Journal of Electronic Commerce","issn_l":"1086-4415","issn":["1086-4415","1557-9301"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Electronic Commerce","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5113899799","display_name":"Ho Geun Lee","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Ho Geun Lee","raw_affiliation_strings":["View further author information"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"View further author information","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5007117877","display_name":"J. Christopher Westland","orcid":"https://orcid.org/0000-0003-2224-4543"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"J. Christopher Westland","raw_affiliation_strings":["View further author information"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"View further author information","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5018070821","display_name":"Sewon Hong","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Sewon Hong","raw_affiliation_strings":["View further author information"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"View further author information","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":6.7751,"has_fulltext":false,"cited_by_count":39,"citation_normalized_percentile":{"value":0.961768,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":97},"biblio":{"volume":"4","issue":"2","first_page":"45","last_page":"60"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9966999888420105,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9966999888420105,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11437","display_name":"Digital Platforms and Economics","score":0.9943000078201294,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9860000014305115,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/electronic-markets","display_name":"Electronic markets","score":0.7104701995849609},{"id":"https://openalex.org/keywords/product","display_name":"Product (mathematics)","score":0.6873882412910461},{"id":"https://openalex.org/keywords/quality","display_name":"Quality (philosophy)","score":0.6596204042434692},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.6460110545158386},{"id":"https://openalex.org/keywords/search-cost","display_name":"Search cost","score":0.5680779218673706},{"id":"https://openalex.org/keywords/competition","display_name":"Competition (biology)","score":0.5405551195144653},{"id":"https://openalex.org/keywords/database-transaction","display_name":"Database transaction","score":0.5399408936500549},{"id":"https://openalex.org/keywords/commerce","display_name":"Commerce","score":0.5387158989906311},{"id":"https://openalex.org/keywords/transaction-cost","display_name":"Transaction cost","score":0.5058403015136719},{"id":"https://openalex.org/keywords/price-dispersion","display_name":"Price dispersion","score":0.4953400194644928},{"id":"https://openalex.org/keywords/e-commerce","display_name":"E-commerce","score":0.46429380774497986},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.40561819076538086},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.3820383548736572},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.34537389874458313},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3127140402793884},{"id":"https://openalex.org/keywords/the-internet","display_name":"The Internet","score":0.13431504368782043},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.08073106408119202},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.07655400037765503}],"concepts":[{"id":"https://openalex.org/C2778739095","wikidata":"https://www.wikidata.org/wiki/Q5358386","display_name":"Electronic markets","level":3,"score":0.7104701995849609},{"id":"https://openalex.org/C90673727","wikidata":"https://www.wikidata.org/wiki/Q901718","display_name":"Product (mathematics)","level":2,"score":0.6873882412910461},{"id":"https://openalex.org/C2779530757","wikidata":"https://www.wikidata.org/wiki/Q1207505","display_name":"Quality (philosophy)","level":2,"score":0.6596204042434692},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6460110545158386},{"id":"https://openalex.org/C21782646","wikidata":"https://www.wikidata.org/wiki/Q841666","display_name":"Search cost","level":2,"score":0.5680779218673706},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.5405551195144653},{"id":"https://openalex.org/C75949130","wikidata":"https://www.wikidata.org/wiki/Q848010","display_name":"Database transaction","level":2,"score":0.5399408936500549},{"id":"https://openalex.org/C54750564","wikidata":"https://www.wikidata.org/wiki/Q26643","display_name":"Commerce","level":1,"score":0.5387158989906311},{"id":"https://openalex.org/C98965940","wikidata":"https://www.wikidata.org/wiki/Q877496","display_name":"Transaction cost","level":2,"score":0.5058403015136719},{"id":"https://openalex.org/C2776946319","wikidata":"https://www.wikidata.org/wiki/Q7242612","display_name":"Price dispersion","level":2,"score":0.4953400194644928},{"id":"https://openalex.org/C78597825","wikidata":"https://www.wikidata.org/wiki/Q484847","display_name":"E-commerce","level":2,"score":0.46429380774497986},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.40561819076538086},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3820383548736572},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.34537389874458313},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3127140402793884},{"id":"https://openalex.org/C110875604","wikidata":"https://www.wikidata.org/wiki/Q75","display_name":"The Internet","level":2,"score":0.13431504368782043},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.08073106408119202},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.07655400037765503},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C136764020","wikidata":"https://www.wikidata.org/wiki/Q466","display_name":"World Wide Web","level":1,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1080/10864415.1999.11518364","is_oa":false,"landing_page_url":"https://doi.org/10.1080/10864415.1999.11518364","pdf_url":null,"source":{"id":"https://openalex.org/S18436875","display_name":"International Journal of Electronic Commerce","issn_l":"1086-4415","issn":["1086-4415","1557-9301"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Electronic Commerce","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":19,"referenced_works":["https://openalex.org/W1482698170","https://openalex.org/W1526046997","https://openalex.org/W1555511888","https://openalex.org/W1556580640","https://openalex.org/W1568392400","https://openalex.org/W1604380167","https://openalex.org/W1962360624","https://openalex.org/W1972698480","https://openalex.org/W1994137932","https://openalex.org/W1995593202","https://openalex.org/W2016613429","https://openalex.org/W2026218940","https://openalex.org/W2051090140","https://openalex.org/W2056621186","https://openalex.org/W2084862616","https://openalex.org/W2118936359","https://openalex.org/W2156109180","https://openalex.org/W2168780725","https://openalex.org/W4297081765"],"related_works":["https://openalex.org/W3125225412","https://openalex.org/W1978920784","https://openalex.org/W3123449003","https://openalex.org/W2788949166","https://openalex.org/W608757009","https://openalex.org/W3149306246","https://openalex.org/W3124057883","https://openalex.org/W2087123129","https://openalex.org/W2165001180","https://openalex.org/W1561863447"],"abstract_inverted_index":{":Many":[0],"authors":[1],"have":[2],"predicted":[3],"that":[4,145],"electronic":[5,21,35,57,71,110,151],"commerce":[6,58,111],"will":[7],"lower":[8,39],"the":[9,46,54,99,118,148],"market":[10,22,72],"price":[11,25,49],"of":[12,53,86,139,147,150,159],"goods.":[13],"By":[14],"reducing":[15],"buyer":[16,166],"search":[17,167],"costs,":[18],"they":[19],"argue,":[20],"systems":[23],"increase":[24],"competition":[26],"among":[27],"suppliers.":[28],"As":[29],"a":[30],"result,":[31],"buyers":[32],"participating":[33],"in":[34,50,64,77,83,93,122,127,133,163],"marketplaces":[36],"should":[37,156],"enjoy":[38],"product":[40,48,154],"prices.":[41],"Contrary":[42],"to":[43,165],"this":[44],"prediction,":[45],"average":[47],"AUCNET,":[51,123],"one":[52],"most":[55],"successful":[56],"systems,":[59,112],"is":[60,69,113],"much":[61,87],"higher":[62,88,119,131],"than":[63,90,132],"traditional,":[65],"nonelectronic":[66],"markets.":[67,95],"AUCNET":[68,84,128],"an":[70,114],"system":[73],"for":[74,117,137],"used-car":[75,125],"transactions":[76],"Japan.":[78],"The":[79],"secondhand":[80],"cars":[81,138],"traded":[82],"are":[85,129],"quality":[89],"those":[91],"sold":[92],"traditional":[94,134],"This":[96,142],"difference":[97],"between":[98],"two":[100],"markets,":[101],"which":[102],"results":[103],"from":[104],"new":[105],"transaction":[106],"risks":[107],"created":[108],"by":[109],"important":[115],"reason":[116],"vehicle":[120],"prices":[121,126,155],"but":[124],"slightly":[130],"markets":[135,152],"even":[136],"similar":[140],"quality.":[141],"article":[143],"suggests":[144],"analysis":[146],"effect":[149],"on":[153],"take":[157],"account":[158],"other":[160],"economic":[161],"factors":[162],"addition":[164],"costs.":[168]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":3}],"updated_date":"2026-06-11T09:08:48.828518","created_date":"2025-10-10T00:00:00"}