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Economic Implications of Agent Technology and E-Commerce

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  • Vulkan, Nir

Abstract

In the light of the exponential growth of the Internet and World Wide Web, this paper describes, in some detail, existing agents and multiagents applications in the context of e-commerce, and suggests a research agenda for economists in response to these changes in technology and lifestyle. First, several ways where economic theory and, in particular, implementation theory can be used to design and improve the efficiency of e-commerce systems are described. Second, the paper discusses the impact on markets of using software agents. Finally, the paper discusses how economic theory can be used towards the design of the interactions between agents and their users.

Suggested Citation

  • Vulkan, Nir, 1999. "Economic Implications of Agent Technology and E-Commerce," Economic Journal, Royal Economic Society, vol. 109(453), pages 67-90, February.
    • Handle: RePEc:ecj:econjl:v:109:y:1999:i:453:p:f67-90
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    Cited by:

    1. Golob, Thomas F. & Regan, Amelia C., 2001. "Impacts of Information Technology on Personal Tavel and Commercial Vehicle Operations: Research Challenges and Opportunities," University of California Transportation Center, Working Papers qt95r7j7vk, University of California Transportation Center.
    2. Jay Kesan & Andres Gallo, 2006. "Why are the United States and the European Union failing to regulate the internet efficiently? Going beyond the bottom-up and top-down alternatives," European Journal of Law and Economics, Springer, vol. 21(3), pages 237-266, May.
    3. Qihong Liu Konstantinos Serfes, 2001. "Endogenous Acquisition Of Information On Consumer Willingness To Pay In A Product Differentiated Duopoly," Industrial Organization 0110001, University Library of Munich, Germany.
    4. Chong, Alberto & Micco, Alejandro, 2003. "The Internet and the ability to innovate in Latin America," Emerging Markets Review, Elsevier, vol. 4(1), pages 53-72, March.
    5. David Encaoua & Abraham Hollander, 2004. "First degree discrimination in a competitive setting: pricing and quality choice," Cahiers de la Maison des Sciences Economiques v05010, Université Panthéon-Sorbonne (Paris 1).
    6. Dayal Saraswat, Kinshuk, 2021. "E-Commerce in Asia: A Study of Its Economic Impact on the Region," MPRA Paper 116837, University Library of Munich, Germany.
    7. Arvind Panagariya, 2000. "E‐Commerce, WTO and Developing Countries," The World Economy, Wiley Blackwell, vol. 23(8), pages 959-978, August.
    8. Alberto Chong & Alejandro Micco, 2002. "Internet y la capacidad de innovar en América Latina," Research Department Publications 4292, Inter-American Development Bank, Research Department.
    9. Louta, Malamati & Roussaki, Ioanna & Pechlivanos, Lambros, 2008. "An intelligent agent negotiation strategy in the electronic marketplace environment," European Journal of Operational Research, Elsevier, vol. 187(3), pages 1327-1345, June.
    10. Golob, Thomas F. & Regan, A C, 2000. "Impacts of Information Technology on Personal Travel and Commercial Vehicle Operations: Research Challenges and Opportunities," University of California Transportation Center, Working Papers qt0zh556db, University of California Transportation Center.
    11. Michael L. Katz, 2006. "Observable Contracts as Commitments: Interdependent Contracts and Moral Hazard," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 15(3), pages 685-706, September.
    12. Chuan-Hoo Tan & Hock-Hai Teo & En Xie & Yuan Li, 2009. "Designing sniping agents," Annals of Operations Research, Springer, vol. 168(1), pages 291-305, April.
    13. Vulkan, Nir, 2001. "Equilibria in Automated Interactions," Games and Economic Behavior, Elsevier, vol. 35(1-2), pages 339-348, April.
    14. Fabian Lang & Andreas Fink, 2015. "Learning from the Metaheuristics: Protocols for Automated Negotiations," Group Decision and Negotiation, Springer, vol. 24(2), pages 299-332, March.
    15. A.R. Kemal, 1998. "Electronic Commerce and International Trade of Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 37(4), pages 849-859.

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