Auctions in a Two-Sided Network: The Market for Meal Voucher Services
In two-sided networks, two parties interact on a platform, caring about the numbers of subjects on the other side. A typical problem, in this context, is setting prices for network services so as to get "both side on boards". The standard approach in the literature considers the networks a...
Gespeichert in:
| Veröffentlicht in: | Networks and spatial economics 2005-12, Vol.5 (4), p.339-350 |
|---|---|
| 1. Verfasser: | |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 350 |
|---|---|
| container_issue | 4 |
| container_start_page | 339 |
| container_title | Networks and spatial economics |
| container_volume | 5 |
| creator | Roson, Roberto |
| description | In two-sided networks, two parties interact on a platform, caring about the numbers of subjects on the other side. A typical problem, in this context, is setting prices for network services so as to get "both side on boards". The standard approach in the literature considers the networks ability to convince both sides to join the network, whereas this paper consider an alternative setting, in which one side determines the price balance. This case is exemplified by the market for meal voucher services in Italy, in which one agency organizes the procurement of services for the public sector, through a competitive auction. A formal model of optimal auction is illustrated and used to assess the current procurement scheme. The model reveals that the current system is inefficient and could be improved through increased flexibility and adaptation to local economic conditions. [PUBLICATION ABSTRACT] |
| doi_str_mv | 10.1007/s11067-005-6207-0 |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_journals_205850267</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>944489001</sourcerecordid><originalsourceid>FETCH-LOGICAL-c303t-17b60c5f40dcbd2d0dfcc339a88111b81f75862aa6a6c1ee661b9c61b7e19ae13</originalsourceid><addsrcrecordid>eNotkE9PAjEUxBujiYh-AG-N9-p7XdrueiME_ySoB9B4a7rdt2EBKba7Er-9S_AyM4fJTPJj7BrhFgHMXUIEbQSAElpCH07YAJWRohhJc3rIWgvE7POcXaS0AkCtpBqw6bjzbRO2iTdb7vhiH8S8qajir9TuQ1zf88WS-IuLa2p5HSJ_IbfhH6HzS4p8TvGn8ZQu2VntNomu_n3I3h-mi8mTmL09Pk_GM-EzyFqBptTgVT2CypeVrKCqvc-ywuU5IpY51kblWjqnnfZIpDWWhe_FEBaOMBuym-PuLobvjlJrV6GL2_7SSlC5AqlNX8JjyceQUqTa7mLz5eKvRbAHWPYIy_aw7AGWhewPG4BbjQ</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>205850267</pqid></control><display><type>article</type><title>Auctions in a Two-Sided Network: The Market for Meal Voucher Services</title><source>SpringerNature Journals</source><source>EBSCOhost Business Source Complete</source><creator>Roson, Roberto</creator><creatorcontrib>Roson, Roberto</creatorcontrib><description>In two-sided networks, two parties interact on a platform, caring about the numbers of subjects on the other side. A typical problem, in this context, is setting prices for network services so as to get "both side on boards". The standard approach in the literature considers the networks ability to convince both sides to join the network, whereas this paper consider an alternative setting, in which one side determines the price balance. This case is exemplified by the market for meal voucher services in Italy, in which one agency organizes the procurement of services for the public sector, through a competitive auction. A formal model of optimal auction is illustrated and used to assess the current procurement scheme. The model reveals that the current system is inefficient and could be improved through increased flexibility and adaptation to local economic conditions. [PUBLICATION ABSTRACT]</description><identifier>ISSN: 1566-113X</identifier><identifier>EISSN: 1572-9427</identifier><identifier>DOI: 10.1007/s11067-005-6207-0</identifier><language>eng</language><publisher>New York: Springer Nature B.V</publisher><subject>Auctions ; Credit cards ; Economic conditions ; Economic theory ; Employees ; Employers ; Externality ; Meals ; Merchant banks ; Optimization ; Payment systems ; Profits ; Public sector ; Purchasing ; Restaurants ; Studies ; Vouchers</subject><ispartof>Networks and spatial economics, 2005-12, Vol.5 (4), p.339-350</ispartof><rights>Springer Science + Business Media, Inc. 2005</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c303t-17b60c5f40dcbd2d0dfcc339a88111b81f75862aa6a6c1ee661b9c61b7e19ae13</citedby><cites>FETCH-LOGICAL-c303t-17b60c5f40dcbd2d0dfcc339a88111b81f75862aa6a6c1ee661b9c61b7e19ae13</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,780,784,27924,27925</link.rule.ids></links><search><creatorcontrib>Roson, Roberto</creatorcontrib><title>Auctions in a Two-Sided Network: The Market for Meal Voucher Services</title><title>Networks and spatial economics</title><description>In two-sided networks, two parties interact on a platform, caring about the numbers of subjects on the other side. A typical problem, in this context, is setting prices for network services so as to get "both side on boards". The standard approach in the literature considers the networks ability to convince both sides to join the network, whereas this paper consider an alternative setting, in which one side determines the price balance. This case is exemplified by the market for meal voucher services in Italy, in which one agency organizes the procurement of services for the public sector, through a competitive auction. A formal model of optimal auction is illustrated and used to assess the current procurement scheme. The model reveals that the current system is inefficient and could be improved through increased flexibility and adaptation to local economic conditions. [PUBLICATION ABSTRACT]</description><subject>Auctions</subject><subject>Credit cards</subject><subject>Economic conditions</subject><subject>Economic theory</subject><subject>Employees</subject><subject>Employers</subject><subject>Externality</subject><subject>Meals</subject><subject>Merchant banks</subject><subject>Optimization</subject><subject>Payment systems</subject><subject>Profits</subject><subject>Public sector</subject><subject>Purchasing</subject><subject>Restaurants</subject><subject>Studies</subject><subject>Vouchers</subject><issn>1566-113X</issn><issn>1572-9427</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2005</creationdate><recordtype>article</recordtype><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><recordid>eNotkE9PAjEUxBujiYh-AG-N9-p7XdrueiME_ySoB9B4a7rdt2EBKba7Er-9S_AyM4fJTPJj7BrhFgHMXUIEbQSAElpCH07YAJWRohhJc3rIWgvE7POcXaS0AkCtpBqw6bjzbRO2iTdb7vhiH8S8qajir9TuQ1zf88WS-IuLa2p5HSJ_IbfhH6HzS4p8TvGn8ZQu2VntNomu_n3I3h-mi8mTmL09Pk_GM-EzyFqBptTgVT2CypeVrKCqvc-ywuU5IpY51kblWjqnnfZIpDWWhe_FEBaOMBuym-PuLobvjlJrV6GL2_7SSlC5AqlNX8JjyceQUqTa7mLz5eKvRbAHWPYIy_aw7AGWhewPG4BbjQ</recordid><startdate>20051201</startdate><enddate>20051201</enddate><creator>Roson, Roberto</creator><general>Springer Nature B.V</general><scope>AAYXX</scope><scope>CITATION</scope><scope>0U~</scope><scope>1-H</scope><scope>3V.</scope><scope>7SC</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>87Z</scope><scope>8AO</scope><scope>8FD</scope><scope>8FE</scope><scope>8FG</scope><scope>8FK</scope><scope>8FL</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ARAPS</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>BGLVJ</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FRNLG</scope><scope>F~G</scope><scope>GNUQQ</scope><scope>HCIFZ</scope><scope>JQ2</scope><scope>K60</scope><scope>K6~</scope><scope>K7-</scope><scope>L.-</scope><scope>L.0</scope><scope>L7M</scope><scope>L~C</scope><scope>L~D</scope><scope>M0C</scope><scope>P5Z</scope><scope>P62</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>Q9U</scope></search><sort><creationdate>20051201</creationdate><title>Auctions in a Two-Sided Network: The Market for Meal Voucher Services</title><author>Roson, Roberto</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c303t-17b60c5f40dcbd2d0dfcc339a88111b81f75862aa6a6c1ee661b9c61b7e19ae13</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2005</creationdate><topic>Auctions</topic><topic>Credit cards</topic><topic>Economic conditions</topic><topic>Economic theory</topic><topic>Employees</topic><topic>Employers</topic><topic>Externality</topic><topic>Meals</topic><topic>Merchant banks</topic><topic>Optimization</topic><topic>Payment systems</topic><topic>Profits</topic><topic>Public sector</topic><topic>Purchasing</topic><topic>Restaurants</topic><topic>Studies</topic><topic>Vouchers</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Roson, Roberto</creatorcontrib><collection>CrossRef</collection><collection>Global News & ABI/Inform Professional</collection><collection>Trade PRO</collection><collection>ProQuest Central (Corporate)</collection><collection>Computer and Information Systems Abstracts</collection><collection>Access via ABI/INFORM (ProQuest)</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Global (Alumni Edition)</collection><collection>ProQuest Pharma Collection</collection><collection>Technology Research Database</collection><collection>ProQuest SciTech Collection</collection><collection>ProQuest Technology Collection</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>Advanced Technologies & Aerospace Collection</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>Technology Collection</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>Business Premium Collection (Alumni)</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>ProQuest Central Student</collection><collection>SciTech Premium Collection</collection><collection>ProQuest Computer Science Collection</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>Computer Science Database</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Professional Standard</collection><collection>Advanced Technologies Database with Aerospace</collection><collection>Computer and Information Systems Abstracts Academic</collection><collection>Computer and Information Systems Abstracts Professional</collection><collection>ABI/INFORM Global</collection><collection>Advanced Technologies & Aerospace Database</collection><collection>ProQuest Advanced Technologies & Aerospace Collection</collection><collection>ProQuest One Business</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central Basic</collection><jtitle>Networks and spatial economics</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Roson, Roberto</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Auctions in a Two-Sided Network: The Market for Meal Voucher Services</atitle><jtitle>Networks and spatial economics</jtitle><date>2005-12-01</date><risdate>2005</risdate><volume>5</volume><issue>4</issue><spage>339</spage><epage>350</epage><pages>339-350</pages><issn>1566-113X</issn><eissn>1572-9427</eissn><abstract>In two-sided networks, two parties interact on a platform, caring about the numbers of subjects on the other side. A typical problem, in this context, is setting prices for network services so as to get "both side on boards". The standard approach in the literature considers the networks ability to convince both sides to join the network, whereas this paper consider an alternative setting, in which one side determines the price balance. This case is exemplified by the market for meal voucher services in Italy, in which one agency organizes the procurement of services for the public sector, through a competitive auction. A formal model of optimal auction is illustrated and used to assess the current procurement scheme. The model reveals that the current system is inefficient and could be improved through increased flexibility and adaptation to local economic conditions. [PUBLICATION ABSTRACT]</abstract><cop>New York</cop><pub>Springer Nature B.V</pub><doi>10.1007/s11067-005-6207-0</doi><tpages>12</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 1566-113X |
| ispartof | Networks and spatial economics, 2005-12, Vol.5 (4), p.339-350 |
| issn | 1566-113X 1572-9427 |
| language | eng |
| recordid | cdi_proquest_journals_205850267 |
| source | SpringerNature Journals; EBSCOhost Business Source Complete |
| subjects | Auctions Credit cards Economic conditions Economic theory Employees Employers Externality Meals Merchant banks Optimization Payment systems Profits Public sector Purchasing Restaurants Studies Vouchers |
| title | Auctions in a Two-Sided Network: The Market for Meal Voucher Services |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-27T20%3A09%3A13IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Auctions%20in%20a%20Two-Sided%20Network:%20The%20Market%20for%20Meal%20Voucher%20Services&rft.jtitle=Networks%20and%20spatial%20economics&rft.au=Roson,%20Roberto&rft.date=2005-12-01&rft.volume=5&rft.issue=4&rft.spage=339&rft.epage=350&rft.pages=339-350&rft.issn=1566-113X&rft.eissn=1572-9427&rft_id=info:doi/10.1007/s11067-005-6207-0&rft_dat=%3Cproquest_cross%3E944489001%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=205850267&rft_id=info:pmid/&rfr_iscdi=true |