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The Next Revolution: Free, Full, Open Person-2-Person (P2P) E-commerce

By Prem Devanbu, Stuart G. Stubblebine and Michael F. Uschold

Abstract

ok she wanted was a short bike-ride away. Our basic position is that the current ".comization" phase of the internet represents an early state in the movement towards making P2P commerce fully electronic. Another revolution awaits, we believe. 2 Current state of e-commerce Think quickly about how many brandnames of detergent you know about. Most people will probably recall 3 or 4 major national brand names, stocked by all major national department chain-stores. There are many others--- at my local organic foods store, there are numerous other smaller brands, which are ecologically sensitive, allergen-free, low-sudsing, perfume-free, and so on. Consumers aware of all these choices might well make better decision. In fact, most consumers simply rely on brand-names to choose a detergent; presumably this leads to lower competition, and ine#ciencies in the market for detergents. The primary reason for this is ignorance, arising from a lack of information. There is no simple, cheap, conv

Year: 2000
OAI identifier: oai:CiteSeerX.psu:10.1.1.18.76
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