The objective of this lecture is to discuss the impact of new Internet and information technologies on the market and auction mechanisms. The case of e-Bay will be explored in details. Elements of auction design will be presented with potential applications for procurement.

The difference between C2C and B2B markets will be stressed. 

1. Make a contribution on a subject of your choice to the eBay Discussion Forum. Your contribution must be made before Sunday at 9:00 PM.

Class Material (Powerpoint presentations)

• On e-Bay

• Creating value through marketplaces; an overview

• A primer on auctions

Readings

General discussion on e-markets

• Garth Saloner and A, Michael Spence, 2002,  E-Markets 2000, [ pp. 253-256] and Online Auctions 1999, [ pp. 235-252] in « Creating and capturing value : perspective and Cases on Electronic Commerce" John Wiley & Sons, Inc.

• Philip Rosson and Charles Davis,   "Electronic Marketplaces & Canadian Companies. , Report  prepared for Andre Dubois, Electronic Commerce Branch - Industry Canada , 2001 . [ Version Pdf ]

• Bakos Y., The Emerging Role of Electronic Marketplaces one the Internet , Communications of the ACM, August 1998, on the Web: [ Version Pdf ]

•  Fortune.cnet.com on private exchanges

• Mary Kwak, “Smart ideas on reverse auctions”, HBS Working Knowledge, Sep 9, 2002.

E-Bay

• http://pages.ebay.com/sitemap.html

B2B marketplaces

• Lucking-Riley, David and Daniel F Spulber, " Business-to-Business Electronic Trade ". Journal of Economic Perspectives, Winter 2001, 15(1), pp. 55-68. [ File Pdf ]

• Berrtil Chappuis, Ron Lemmens, Haim Mendelson, and Denise Villars; “A Performance Index for B2B Marketplaces”, The McKinsey Quarterly, 2001 Number 2 Web exclusive

• B2B exchanges, Time to rebuild , The Economist, may 17 HT , 2001: [ Version HTML ]  

• http://www.covisint.com/bb

• Information on B2B from IT Works

• B2Business.net