9280619
Ethical, Legal and Economic Issues in the Digital Economy: Intellectual Property Rights, Piracy, Trust, Security and Privacy: Minitrack Introduction
57631
Insights and analyses of online auctions
166893960
Priority pricing of integrated services networks
17233820
IT-enabled transparent electronic markets: the case of the air travel industry
The electronic market hypothesis predicts that by reducing coordination costs, information technology (IT) will shift industrial organization from hierarchical to market-based forms of economic activity. While academic researchers and practitioners have witnessed these shifts with the advent of the Internet, there is little understanding about the process and the underlying forces that drive them. In this paper, we provide an in-depth analysis of the air travel industry, which has recently experienced significant IT-driven transformations. We conclude that, together with IT, pro-competitive laws and the information-intensive nature of air travel products have triggered competition for consumers with transparent market mechanisms, which is leading to the emergence of more transparent electronic markets in the air travel industry.
30721210
Economic analysis of consumer purchase intentions in electronic and traditional retail channels: competitive and strategic implications
We develop a multiattribute economic model to analyze consumer behavior for traditional and electronic channels based on consumers' risk profiles and risk-neutral or risk-averse. We then conduct comparative analyses of consumer purchase decisions to derive strategies for different channels. We study the attitudinal and economic factors that lead to specific purchase decisions under different combinations of price, delivery time, and product customization. We develop theoretical propositions concerning consumer channel switching behavior, incentives to consumers, and pricing strategies for different channels. We also use simulations to gain insights for cases where analytical model becomes intractable.
7914809
Predicting Bidders' Willingness to Pay in Online Multiunit Ascending Auctions: Analytical and Empirical Insights
We develop a real-time estimation approach to predict bidders' maximum willingness to pay in a multiunit ascending uniform-price and discriminatory-price (Yankee) online auction. Our two-stage approach begins with a bidder classification step, which is followed by an analytical prediction model. The classification model identifies bidders as either adopting a myopic best-response (MBR) bidding strategy or a non-MBR strategy. We then use a generalized bid-inversion function to estimate the willingness to pay for MBR bidders. We empirically validate our two-stage approach using data from two popular online auction sites. Our joint classification-and-prediction approach outperforms two other naive prediction strategies that draw random valuations between a bidder's current bid and the known market upper bound. Our prediction results indicate that, on average, our estimates are within 2% of bidders' revealed willingness to pay for Yankee and uniform-price multiunit auctions. We discuss how our results can facilitate mechanism-design changes such as dynamic-bid increments and dynamic buy-it-now prices.
107769190
Hack I.T. - Security Through Penetration Testing
Hack I.T. introduces penetration testing and its vital role in an overall network security plan. You will learn about the roles and responsibilities of a penetration testing professional, the motivation and strategies of the underground hack community, and potential system vulnerabilities, along with corresponding avenues of attack. Most importantly, the book provides a framework for performing penetration testing and offers step-by-step descriptions of each stage in the process. The latest information on the necessary hardware for performing penetrating testing, as well as an extensive reference on the available security tools, is included.
18542805
IT infrastructure in emerging markets: arguing for an end-to-end perspective
To help sustain large-scale pervasive computing in emerging markets, researchers must address unique challenges in the delivery fabric and enterprise backbone. Such challenges present opportunities for high impact innovation. Although most research organizations have focused on developing consumer-facing solutions, we posit that future research must take an end-to-end perspective. That is, researchers must not only consider the front end (such as consumer devices) but also the medium to reach the consumer (for example, the delivery fabric) and the back end (for example, the enterprise backbone) to create an economically sustainable, scalable solution. Although our end-to-end perspective generalizes to all emerging markets, in this article, we mainly discuss the Indian market from which we based our observations.
6190398
Time Representation in Prolog Circuit Modelling
This paper is an examination of some issues in domain ontology and of various knowledge representation techniques for the temporal modelling of digital electronic circuits in Prolog. It should serve as an example of the advantages of such analysis, an area of relative neglect within the logic programming community.
5989555
Enhanced Business Intelligence using EROCS
The EROCS technology automatically links unstructured data with relevant structured data from an external relational database. We demonstrate how EROCS can be used for enhancing business intelligence by allowing OLAP tools to analyze structured and unstructured data in a consolidated manner. Our demonstration showcases the use of EROCS in exploiting latent information in customer emails, which helps in building a complete view of the customer. This results in new insights about the business which are not possible with the existing state of the art.
38069956
Introduction to the Special Issue on Innovative Applications of Computer Vision