Analysis of E-Business and Traditional Business Based on the Modified Akerlof Model
In this paper, E-business and traditional business is investigated based on the modified Akerlof model to explain the reason why the E-business has developed rapidly in case of information asymmetry; on the other hand, adverse selections appear in the traditional business. In the end, the corresponding suggestions are put forward on coordinated development of the E-business and traditional business.
Akerlof model E-business traditional business asymmetric information
CHEN Wen-jing HE Gang
College of Economics, Jinan University, China The Faculty of Economics, Guangdong University of Business Studies, China
国际会议
The Eleventh Wuhan International Conference on E-Business(第十一届武汉电子商务国际会议)
武汉
英文
11-15
2012-05-26(万方平台首次上网日期,不代表论文的发表时间)