Publication Type
Conference Proceeding Article
Version
submittedVersion
Publication Date
1-2006
Abstract
The ever-increasing use of information technology (IT) in business transactions greatly expands firms? exposure to different electronic markets. This paper provides a framework to understand how firms can leverage different strategies across external financial markets and an internal resale market to improve overall profitability. We develop a model in which a group of risk-averse retailers sell a homogeneous product to their respective uncertain consumer markets. We study a scenario where an internal resale market can be constructed among the retailers and outside financial markets can be used to improve their ability to manage uncertainty. We identify strategies for retailers operating in these two types of markets. We examine under what conditions which strategy is preferable and what range of economic impacts the two strategies may offer to enhance the retailer's competitive advantages.
Discipline
Computer Sciences | Finance and Financial Management | Technology and Innovation
Research Areas
Information Systems and Management
Publication
Proceedings of the 39th Annual Hawaii International Conference on System Sciences: 4-7 January, 2006, Kauai, Hawaii
First Page
166
ISBN
9780769525075
Identifier
10.1109/HICSS.2006.468
Publisher
IEEE Computer Society
City or Country
Los Alamitos, CA
Citation
GUO, Zhiling and WHINSTON, Andrew B..
The Impact of Financial Market and Resale Market on Firm Strategies. (2006). Proceedings of the 39th Annual Hawaii International Conference on System Sciences: 4-7 January, 2006, Kauai, Hawaii. 166.
Available at: https://ink.library.smu.edu.sg/sis_research/1874
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
http://doi.ieeecomputersociety.org/10.1109/HICSS.2006.468
Included in
Computer Sciences Commons, Finance and Financial Management Commons, Technology and Innovation Commons