Institutional Design of Mixed-mode Electronic Marketplaces

Marcel Gogolin and Stefan Klein
Additional contact information
Marcel Gogolin: University of Münster
Stefan Klein: University of Münster

Chapter Chapter 4 in Managing Dynamic Networks, 2006, pp 93-111 from Springer

Abstract: Abstract Based on a critical reflection of transaction cost economics, the chapter elaborates the notion of institutional design and distinguishes different layers of design. Moreover the notion of governance structures — and subsequently the design framework — is expanded to reflect the specifics of multilevel forms of coordination, in particular mixed-mode electronic marketplaces. Mixed-mode marketplaces encompass different modes of coordination, including network coordination, under the institutional framework of a market. The notion of mixed-mode governance structures will be elaborated as it runs contrary to Williamson’s distinct forms of governance, namely hierarchies, networks (or hybrids), and markets. The chapter concludes with suggestions for institutional design which reflect the competition among markets and other forms of governance.

Keywords: Electronic Marketplaces; Institutions; Marketplace Design (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-32884-1_4

Ordering information: This item can be ordered from
http://www.springer.com/9783540328841

DOI: 10.1007/3-540-32884-X_4

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().