Reverse auctions and buyer-seller relationships: A rejoinder to Emiliani and Stec's commentary |
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Authors: | Shawn P Daly Prithwiraj Nath |
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Institution: | a Graduate and Online Education, Tiffin University, 155 Miami St., Tiffin, OH 44883, USA b Xavier Labour Relations Institute, Circuit House Area (East), Jamshedpur-831 001, India |
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Abstract: | In response to Emiliani and Stec's commentary, we present rebuttal to their specific points and further assessment of auctions' role in relationships. We fear the commentators represent a segment of procurement managers closed to using auctions. To help overcome their apprehension, we reemphasize statements in the original article and amplify the role of auctions by referring to the wider relationship marketing literature. The bottom line is that we still believe relational auction is not an oxymoron and our proposed design amendments can create an environment of transparency, fairness, and bilateral communication which leads to further relational strengthening. |
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Keywords: | Buyer-seller relationship Reverse auctions Procedural fairness |
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