• Conference Object  

      How do infomediaries affect firms' information strategies, and how do they impact buyer and social welfare? 

      Markopoulos, Panos M.; Aron, Ravi; Ungar, Lyle H. (Affiliation: Business and Public Administration, University of Cyprus, P.O. Box 20537, Nicosia, CY-1678, CyprusAffiliation: Carey Business School, Johns Hopkins University, 100 International Drive, Baltimore, MD 21202, United StatesAffiliation: Computer and Information Science, University of Pennsylvania, 504 Levine, 200 S. 33rd St, Philadelphia, PA 19104-6309, United StatesCorrespondence Address: Business and Public Administration, University of Cyprus, P.O. Box 20537, Nicosia, CY-1678, Cyprus, 2013)
      Product information websites have become ubiquitous. This article explores their impact on firm profitability, consumer surplus, and social welfare. Using an analytical model, we show that firms take advantage of such ...
    • Conference Object  

      How valuable are shopbots? 

      Markopoulos, Panos M.; Kephart, J. O. (Association for Computing Machinery, 2002)
      The price information that shopbots provide to buyers is clearly valuable, as it enables them to make a better informed choice of product and vendor. We quantify the value of this price information to the buyer in terms ...
    • Conference Object  

      Pricing price information in E-commerce [Extended Abstract] 

      Markopoulos, Panos M.; Ungar, Lyle H. (Affiliation: Computer and Information Sci. Dept., University of Pennsylvania, Pittsburgh, PA, United StatesCorrespondence Address: Markopoulos, P.M.Computer and Information Sci. Dept., University of Pennsylvania, Pittsburgh, PA, United Statesemail: markopou@unagi.cis.upenn.edu, 2001)
      Shopbots and Internet sites that help users locate the best price for a product are changing the way people shop by providing valuable information on goods and services. This paper presents a first attempt to measure the ...
    • Article  

      Product Information Websites: Are They Good for Consumers? 

      Markopoulos, Panos M.; Aron, Ravi; Ungar, Lyle H. (2016)
      Product information websites have become ubiquitous in supporting B2C E-Commerce. This study explores their impact on firm profitability, consumer surplus, and social welfare. Using an analytical model, we show that firms ...