nep-ict New Economics Papers
on Information and Communication Technologies
Issue of 2008‒03‒01
two papers chosen by
Walter Frisch
University Vienna

  1. Does Resorting to Online Dispute Resolution Promote Agreements? Experimental Evidence By Yannick Gabuthy; Nicolas Jacquemet; Nadège Marchand
  2. Virtual Mentorship as an Advanced Method of Knowledge and Experience Sharing and Network Building By Mislav Ante Omazić; Dario Blažeković

  1. By: Yannick Gabuthy (BETA - Bureau d'économie théorique et appliquée - CNRS : UMR7522 - Université Louis Pasteur - Strasbourg I); Nicolas Jacquemet (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Panthéon-Sorbonne - Paris I, Ecole d'économie de Paris - Paris School of Economics - Université Panthéon-Sorbonne - Paris I); Nadège Marchand (GATE - Groupe d'analyse et de théorie économique - CNRS : UMR5824 - Université Lumière - Lyon II - Ecole Normale Supérieure Lettres et Sciences Humaines)
    Abstract: This paper presents an experiment performed to test the properties of an innovative<br />bargaining mechanism (called automated negotiation) used to resolve disputes arising from<br />Internet-based transactions. The main result shows that the settlement rule tends to chill<br />bargaining as it creates incentives for individuals to misrepresent their true valuations, which<br />implies that automated negotiation is not able to promote agreements. However, this perverse<br />effect depends strongly on the conflict situation. When the threat that a disagreement occurs is<br />more credible, the strategic effect is reduced since defendants are more interested in<br />maximizing the efficiency of a settlement than their own expected profit. The implications of<br />these results are then used to discuss the potential role of public regulation and reputation<br />mechanisms in Cyberspace
    Keywords: : Online Dispute Resolution, Electronic Commerce, Bargaining, Arbitration,<br />Experimental Economics
    Date: 2008
  2. By: Mislav Ante Omazić (Faculty of Economics and Business, University of Zagreb); Dario Blažeković
    Abstract: Access to advanced ideas, specific information, advanced expertise, accumulated experience and applicable knowledge are key competitive determinants of those that want to prosper in knowledge based society. In other words human capital is principal competitive advantage of knowledge based economies. Trends in today’s world are making us rethink the methods of delivering knowledge. In order to answer to those trends and as a proactive effort to foster their global competitiveness top students from two most influenced graduate schools (Faculty of Economics and Business and Faculty Electrical Engineering and Computing both within University of Zagreb) in Croatia gathered within eSTUDENT initiative and they have started project “Virtual Mentorship”. Its primary goal is to initialize and organize cooperation between senior undergraduate students from Croatian universities and acknowledged members of academic society and business world who live abroad but do have originated from Croatia. Purpose of the project is to establish mentor-protégé relationship between these two parties that will enable students to learn and improve their knowledge as well as gain new skills through quality virtual communication with respectable scientists and professionals. This project has a great potential and significance for development of Croatian system of education as well as for improvement of Croatian labor competitiveness in general. Its significance lies primarily on impacts that Virtual Mentorship has on educational system.
    Keywords: mentorship, virtual, knowledge sharing, networking, distance learning
    Date: 2008–01–21

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