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Demonstration: connected transactions — hiring a van and driver in GEMs

In: Net Benefit

Author

Listed:
  • Wingham Rowan

Abstract

A key advantage that public markets would have over piecemeal e-commerce networks is the way in which diverse marketplaces could interlock. A deal can be constructed that fits together something bought in market A, from a wide pool of informed sellers, with goods or services purchased in the same conditions from market B. Imagine, as an example, a plastic moulding company in a small town that just before 7.00 p.m. on a weekday has received a rush order for a van-load of their wheeled bins required 250 miles away by 9.00 a.m. the following morning. The company’s van and driver are elsewhere, vehicle hire depots that may still be open are far away and the trusted driver hire agencies with local presence have all closed for the night.

Suggested Citation

  • Wingham Rowan, 1999. "Demonstration: connected transactions — hiring a van and driver in GEMs," Palgrave Macmillan Books, in: Net Benefit, chapter 0, pages 33-38, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-98280-8_5
    DOI: 10.1057/9780333982808_5
    as

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