Construct · 1 fields · 1 citations

electronic markets hypothesis: a standalone construct

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Information systems

the prediction that information technology lowers coordination costs and shifts economic activity from hierarchies toward markets.

In information systems, electronic markets hypothesis refers to the prediction that information technology lowers coordination costs and shifts economic activity from hierarchies toward markets. This meaning comes from Malone (1987) in Communications of the ACM.[1]

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Nearby constructs

coordination4 fields · 4 citationsjingle · one word, four constructs hypothesis2 fields · 2 citationsjingle · one word, two constructs information4 fields · 5 citationsjingle · one word, four constructs

References

Malone, T. W., Yates, J., & Benjamin, R. I. (1987). Electronic markets and electronic hierarchies. Communications of the ACM, 30(6), 484-497. https://doi.org/10.1145/214762.214766

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