Reduction of information asymmetry in e-commerce: the web scraping approach

Reduction of information asymmetry in e-commerce: the web scraping approach

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The purpose of this work is to create an automated tool based on the web scraping technique that is designed to reduce the information asymmetry occurring in the buyer-seller relationship. The baseline environment for illustrating the problem of information asymmetry is also the automotive industry. The case of the largest automotive classifieds portal in Poland, which is OTOMOTO, was used in this study. This book is organized as follows. Chapter 1 outlines the theoretical background with specific attention dedicated to the issue of information asymmetry. Chapter 2 discusses the theoretical foundation of data extraction from internet resources (with particular focus on web scraping), their characteristics, particularly legal as well as ethical issues, and the necessity to deploy data collection technologies in the research setting. In chapter 3, a tool for data extraction created together with a suitable database to be able to harvest data from the OTOMOTO advertising site is discussed. The chapter also provides technical elements including the Python language upon which the constructed tool is predicated. Chapter 3 additionally covers a practical portion of the research in which a sample evaluation of the automotive industry in Poland is done, which draws on the data gathered from OTOMOTO advertisement portal with the assistance of the built web scraping tool. The book can be found useful for researchers, academics, and data scientists, offering scholarly insights into reducing information asymmetry in e-commerce through web scraping.


Rok wydania2024
Liczba stron129
KategoriaPublikacje darmowe
WydawcaWydawnictwo Uniwersytetu Ekonomicznego w Katowicach
ISBN-13978-83-7875-890-7
Numer wydania1
Język publikacjiangielski
Informacja o sprzedawcyePWN sp. z o.o.

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Spis treści

  Introductory word    7
  
  Chapter 1. E-commerce in the face of information asymmetry    11
  1.1. Uncertainty and information asymmetry in the digital economy    11
  1.2. Challenges of the e-commerce sector    18
  1.3. Advertisement portal as an e-commerce tool    24
  
  Chapter 2. Web scraping    27
  2.1. The need to implement automated data acquisition tools    27
  2.1.1. Data and information as a basis of the notion of web scraping    27
  2.1.2. Web scraping as a medium for obtaining information in a big data world    30
  2.2. Properties of data acquisition tools    36
  2.3. Use of web scraping in practice    40
  2.3.1. Strengths and opportunities of data content mining    40
  2.3.2. Legality and ethical use of web scraping    41
  
  Chapter 3. Designing a web scraping tool    48
  3.1. OTOMOTO – the largest Polish automotive classifieds portal    48
  3.1.1. Structure of the portal    49
  3.1.2. A quick look at the OTOMOTO regulations    52
  3.2. Preparation for a web scraping tool project    54
  3.2.1. Conceptual work. Description of the algorithm’s operation. Process diagram    54
  3.2.2. Preparation of the technical environment    61
  3.3. Web extractor – design and programmatic implementation    64
  3.3.1. Structure of the project in the PyCharm environment    65
  3.3.2. Program communication with the user – collecting information    66
  3.3.3. Creation of the list of offers’ URL    79
  3.3.4. Retrieving hyperlinks to particular advertisements    82
  3.3.5. The process of the factual web scraping    85
  3.3.6. Exporting scraped results to a Microsoft Excel spreadsheet    93
  3.3.7. Program operation in practice with a sample analysis    95
  3.4. Discussion    101
  
  Conclusions    105
  Appendix    107
  References    111
  List of Figures    127
  List of Tables    129
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