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» Posted prices vs. negotiations: an asymptotic analysis
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SIGECOM
2008
ACM
127views ECommerce» more  SIGECOM 2008»
13 years 4 months ago
Posted prices vs. negotiations: an asymptotic analysis
Full revelation of private values is impractical in many large-scale markets, where posted price mechanisms are a simpler alternative. In this work, we compare the asymptotic beha...
Liad Blumrosen, Thomas Holenstein
CIA
1998
Springer
13 years 8 months ago
Cooperative vs. Competitive Multi-Agent Negotiations in Retail Electronic Commerce
A key lesson learned from economic and game theory research is that negotiation protocols have substantial, rippling effects on the overall nature of the system. online auctions a...
Robert H. Guttman, Pattie Maes