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"I don't necessarily see the merchant model as an elixir," he said.
At the same time, Expedia and Hotels.com were pioneering the so-called "merchant model" of online hotel room selling.
Still, Mr. Jones cautioned that the point of the so-called merchant model was not simply to sell marked-up tickets.
This paper proposes a fractional Merchant model (FMM) to investigate the time-dependent behavior of a simply supported rectangular plate on viscoelastic foundation.
Competitive forces have made loyalty programs a key point of contention between hotel chains and the online intermediaries that sell hotel rooms using a merchant model.
This increasing reliance on the so-called merchant model will not complicate matters for Web sites during a period of low sales, Mr. Jones said, because the online travel agencies do not actually own the inventory.
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When Margaret Thatcher deregulated Britain's securities market in the 1980s, an event known as the Big Bang, it was a threat to the merchant banking model.
For many merchants, this model has proven quite lucrative.
Groupon would take a cut.For merchants, this model has big advantages.
Capes for men, he said, have "incredible possibilities": The Merchant Male Models at New York Fashion Week The Garmento King How to Make the Perfect Cup of Coffee Starbucks and the Issue of White Space Seven Signs that Your Man's Masculinity Is Nontoxic Subscribe to The New Yorkerfor only $1 a week.Plus, get a free tote.
Capes for men, he said, have "incredible possibilities": The Merchant Male Models at New York Fashion Week The Garmento King How to Make the Perfect Cup of Coffee White House in Panic Mode After TV Star With Racist Twitter Feed Loses Job Starbucks and the Issue of White Space Subscribe to The New Yorkerfor only $1 a week.Plus, get a free tote.
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