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» On the price of mediation
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SIGECOM
2009
ACM
102views ECommerce» more  SIGECOM 2009»
13 years 11 months ago
On the price of mediation
We study the relationship between the social cost of correlated equilibria and the social cost of Nash equilibria. In contrast to previous work focusing on the possible benefits ...
Milan Bradonjic, Gunes Ercal-Ozkaya, Adam Meyerson...
ICIS
2001
13 years 5 months ago
Brand Awareness and Price Dispersion in Electronic Markets
Price dispersion, the variance in price for identical products across retailers, is a persistent feature of Internetbased markets, even those mediated by shopping agents (shopbots...
Pei-Yu Sharon Chen, Lorin M. Hitt
IJCAI
2007
13 years 6 months ago
Sellers Competing for Buyers in Online Markets: Reserve Prices, Shill Bids, and Auction Fees
We consider competition between sellers offering similar items in concurrent online auctions through a mediating auction institution, where each seller must set its individual auc...
Enrico H. Gerding, Alex Rogers, Rajdeep K. Dash, N...
WINE
2009
Springer
157views Economy» more  WINE 2009»
13 years 11 months ago
Mediated Equilibria in Load-Balancing Games
Mediators are third parties to whom the players in a game can delegate the task of choosing a strategy; a mediator forms a mediated equilibrium if delegating is a best response for...
Joshua R. Davis, David Liben-Nowell, Alexa Sharp, ...
AMET
1998
Springer
13 years 8 months ago
Agent-Mediated Integrative Negotiation for Retail Electronic Commerce
Software agents help automate a variety of tasks including those involved in buying and selling products over the Internet. Although shopping agents provide convenience for consume...
Robert H. Guttman, Pattie Maes