-------- Original Message --------
Dear Colleagues,
On behalf of the Journal of Electronic Commerce Research (JECR), I
am pleased to announce that Vol. 11, Number 3, 2010 issue of JECR is
now available at the journal web site: "http://www.jecr.org". This is
a special issue on "Comparison-Shopping and Related Recommender
Intelligent Agents," guest co-edited by Dr. Yun Wan, University of
Houston - Victoria, United States and Dr. Maria Fasli, University of
Essex, United Kingdom.
_______________________________________________________________________________________________
Introduction to the Special Issue - Comparison-shopping and
Recommendation Agents: a Research Agenda
Yun Wan Department of Computer Science, University of
Houston-Victoria,
United States
Maria Fasli School of Computer Science and Electronic Engineering,
University of Essex, UK 175-177
This article serves as the introduction to the special issue on
comparison-shopping and recommendation agents and provides a brief
overview of the four papers included in the issue indicating their
contributions. It also offers the guest editors perspectives on the
future research in this field.
************************************************************************************************
A Survey of the Comparison Shopping Agent-Based Decision Support
Systems
Bhavik Pathak Department of Decision Science, School of Business and
Economics
Indiana University South Bend, India 178-192
ABSTRACT
The web-based comparison shopping agents (CSAs) or shopbots have
emerged as important business intermediaries that provide decision
support to both the shoppers and the merchants. The basic idea is to
provide an easy access to both the price and non-price based
competitive features to shoppers. The CSAs do not have an equivalent
counterpart in the offline world and they have generated a significant
amount of interest among researchers in economics, marketing, and
information systems fields. There have been numerous studies on the
CSAs in the contexts of price dispersion, consumer behavior, search
costs, and recommender systems. The focus of this paper is to study
the contemporary literature about the CSAs to analyze them in the
context of decision support systems (DSS). In order to provide
comprehensive decision support, a typical DSS should have four
components: data, models, interfaces, and user specific customization.
In this paper, this four component framework is used to synthesize the
current research work in the context of DSS and to explore
contemporary CSAs. The paper provides suggestions for improving the
decision support aspect of the CSAs and proposes a research agenda for
the CSA-based decision support systems.
*****************************************************************************************
Effects of Comparison Shopping Websites on Market Performance: Does
Market Structure Matter?
Chuan-Hoo Tan Department of Information Systems, City University of
Hong Kong,
Hong Kong
Khim-Yong Goh Department of Information Systems, National University
of Singapore,
Singapore
Hock-Hai Teo Department of Information Systems, National University of
Singapore,
Singapore 193-219
193-219
ABSTRACT
The presence of Comparison Shopping (CS) websites not only allows
consumers to gain quick access to multiple merchants product offers,
but also permits consumers to perform extensive comparison of products
and prices prior to purchase. Given the significant reduction in
search cost, it has been touted that CS websites can put merchants
under increased price competition, resulting in commoditized markets,
limited value of branding, and ultimately, convergence of prices to
the competitive equilibrium. However, some studies suggest that lower
search cost could make any price movement apparent to all
participating merchants and hence promote price collusion. This
research seeks to explicate the conditions under which CS websites are
more likely or less likely to intensify market competition. Following
the principles of experimental economics, we modeled and examined the
impact of CS websites in many simulated markets featuring merchant
characteristics (such as absence and presence of market power) and
product type (such as commodity products and differentiated products).
Through two series of experiments, we find that the lowering of search
cost by CS websites could have opposite effects on market performance,
depending on the underlying market structure.
*************************************************************************************
Helpful or Unhelpful: A Linear Approach for Ranking Product Reviews
Richong Zhang School of Information Technology and Engineering,
University of Ottawa,
Canada
Thomas Tran School of Information Technology and Engineering,
University of Ottawa,
Canada 220-230
ABSTRACT
Most E-commerce web sites and online communities provide interfaces
and platforms for consumers to express their opinions about a specific
product by writing personal reviews. The fast development of
E-commerce has caused such a huge amount of online product reviews to
become available to consumers that it is impossible for potential
consumers to read through all the reviews and to make a quick
purchasing decision. Review readers are asked to vote if a review is
Helpful or Unhelpful and the most positively voted reviews are
placed on the top of product review list. However, the accumulation of
votes takes time for a review to be fully voted and newly published
reviews are always listed at the bottom of the review list. This paper
proposes a linear model to predict the helpfulness of online product
reviews. Reviews can be quickly ranked and classified by our model and
reviews that may help consumers better than others will be retrieved.
We compare our model with several machine learning classification
algorithms and our experimental results show that our approach
effectively classifies online reviews. Also, we provide an evaluation
measurement to judge the performance of the helpfulness modeling
algorithm and the results show that the helpfulness scores predicted
by our approach consistently follow the changing trend of the true
helpfulness values.
************************************************************************************
Legal Challenges and Strategies for Comparison Shopping and Data Reuse
Hongwei Zhu College of Business and Public Administration, Old
Dominion University,
United States
Stuart E. Madnick Sloan School of Management, Massachusetts Institute
of Technology,
United States 231-239
ABSTRACT
New technologies have been continuously emerging to enable effective
reuse of an ever-growing amount of data on the Web. Innovative firms
can leverage the available technologies and data to provide useful
services. Comparison-shopping services are an example of reusing
existing data to make bargain-finding easier. Certain reuses have
caused conflicts with the firms whose data has been reused. Countries
in the European Union have implemented the Database Directive to
provide legal protection for database creators, but the impact and the
interpretation of the new law are unclear and still evolving.
Lawmakers in the U.S. have not decided on a policy concerning database
protection and data reuse. Both data creating and data reusing firms
need to develop strategies to operate effectively in this uncertain
environment. Comparison-shopping and other data reuse services face
similar legal and strategic challenges. Thus we address these
challenges in the broader data reuse context. We use economic
reasoning to formulate strategies in anticipation of the likely policy
choices and interpretations of existing legislation. Both data
creating firms and data reusing firms should focus on innovative ways
of using or reusing data to create differentiated products and
services. For firms that gather data from multiple sources, they can
also use the insights gained from integrated data to provide other
value-added services.
Dr. Melody Kiang
Professor,
Information Systems Department
College of Business Administration
California State University at Long Beach
Long Beach, CA 90840
Tel: 562-985-8944
Fax: 562-985-5478
_______________________________________________
AISWorld mailing list
AISWorld@lists.aisnet.org