Article1987

Electronic markets and electronic hierarchies

Thomas W. Malone · JoAnne Yates · Robert I. Benjamin

3,003 citations0/0 files storedCommunications of the ACM

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Digital Platforms and Economics Economic Theory and Institutions Outsourcing and Supply Chain Management

Abstract

By reducing the costs of coordination, information technology will lead to an overall shift toward proportionately more use of markets—rather than hierarchies—to coordinate economic activity.

Citations in this library

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References

1937The Nature of the Firm 1981The Economics of Organization: The Transaction Cost Approach 1985How information gives you competitive advantage 1984The information system as a competitive weapon 1982Inter-Organization Information Sharing Systems

Cited by

2000Using Technology and Constituting Structures: A Practice Lens for Studying Technology in Organizations 1994The interdisciplinary study of coordination 1991Studying Information Technology in Organizations: Research Approaches and Assumptions 2002Applying the Technology Acceptance Model and Flow Theory to Online Consumer Behavior 200810 Sociomateriality: Challenging the Separation of Technology, Work and Organization 1997Reducing Buyer Search Costs: Implications for Electronic Marketplaces 2003Generalizing Generalizability in Information Systems Research 2000Exploring the factors associated with Web site success in the context of electronic commerce

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