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What Institutions To Organize Electronic Commerce?: Private Institutions And The Organization Of Markets

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  • Eric Brousseau

Abstract

This paper is based upon an analysis of various experiences of electronic commerce. It analyzes the role of private institutions in the organization of systems of transactions. Private institutions take place between public institutions (that are insufficiently specialized) and inter-individual governance structures (that do not benefit from scale and cognitive economies). These private institutions are very diverse and the paper points out the various types of services provided by diverse institutions depending on their constitutional mode. While various possible institutional frameworks have very different features in terms of coordination, there is no most efficient institutional environment. Moreover, the emergence process of these institutional framework strongly influences their ability to survive. Very different institutional frameworks can therefore organize electronic trade quite differently in the various industries

Suggested Citation

  • Eric Brousseau, 2000. "What Institutions To Organize Electronic Commerce?: Private Institutions And The Organization Of Markets," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 9(3), pages 245-274.
    • Handle: RePEc:taf:ecinnt:v:9:y:2000:i:3:p:245-274
    DOI: 10.1080/10438590000000010
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    Citations

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    Cited by:

    1. Elodie Gardet & Caroline Danièle Mothe, 2011. "The dynamics of coordination in innovation networks," Post-Print hal-00919245, HAL.
    2. Michel Gensollen, 2001. "Internet. Marché électronique ou réseaux commerciaux ?," Revue économique, Presses de Sciences-Po, vol. 52(7), pages 137-161.
    3. Eric Brousseau, 2002. "The Governance of Transactions by Commercial Intermediaries: An Analysis of the Re-engineering of Intermediation by Electronic Commerce," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 9(3), pages 353-374.
    4. Elodie Gardet & Caroline Mothe, 2009. "Les mécanismes de garantie au sein d’un réseau d’alliances développant un projet d’innovation," Revue Finance Contrôle Stratégie, revues.org, vol. 12(3), pages 131-160, September.
    5. repec:dau:papers:123456789/12502 is not listed on IDEAS
    6. Alejandro Agafonow & Marybel Perez, 2023. "How A Social Enterprise Wanes: The Transaction Costs of Credible Commitments at Etsy.com," Journal of Interdisciplinary Economics, , vol. 35(1), pages 83-107, January.

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