The market for computer readable information /
| Main Author: | |
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| Other Authors: | , , |
| Format: | Thesis Book |
| Language: | English |
| Published: |
1991.
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| Subjects: | |
| Online Access: | ProQuest, Abstract Link to OAKTrust copy |
| Abstract: | The market for computer readable information (CRI) is the exchange of machine readable data between organizations when no other transaction between the organizations is supported by the exchange. By 1987, the market had reached a sales volume of $5.5 billion but had received virtually no attention in the MIS literature. In particular, no attention had been paid to the potential of designing automated systems to incorporate external sources of data into internal MIS or DSS, despite the demonstrated success of the program trading systems operated by large brokerage firms. The research notes that the exchange of CRI takes place in a market environment. It is necessary, therefore, that the design of systems to produce, distribute, or utilize marketable CRI incorporate market considerations as well as traditional technical concerns. The lack of research in this area precludes effective design decisions. The problem is exacerbated by public good properties of information in general and CRI in particular. The dissertation models the cost and revenue (benefit) structures of the market participants, including users, distributors (vendors), producers, and government agencies, and draws on industrial organization research to explain how cost structures have determined market structure and behavior. The existence of declining long run average costs for database management systems accounts for much of the structure of the market, as well as for the wave of mergers and acquisitions observed. Changing technology and competitive/contestable pressures are shown to account for changes in price and service levels and structures observed in the industry. Extensive nonprice competition by participants is explained as a competitive response, but also as a way of creating tying arrangements which reduce the public good problem. Overall, the research concludes that participants are behaving rationally given their respective cost structures and market conditions. Disclosure of the determinants of industry structure and behavior also clarifies important design issues. Specific implications for designers of producing, distributing, and using systems are drawn from the conclusions. |
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| Item Description: | Typescript (photocopy). Vita. "Major subject: Business Analysis." |
| Physical Description: | xiii, 325 leaves : illustrations ; 29 cm |
| Bibliography: | Includes bibliographical references. |