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TCS
2011
12 years 11 months ago
Pricing commodities
How should a seller price her goods in a market where each buyer prefers a single good among his desired goods, and will buy the cheapest such good, as long as it is within his bu...
Robert Krauthgamer, Aranyak Mehta, Atri Rudra
WINE
2010
Springer
153views Economy» more  WINE 2010»
13 years 2 months ago
Approximation Schemes for Sequential Posted Pricing in Multi-unit Auctions
We design algorithms for computing approximately revenue-maximizing sequential postedpricing mechanisms (SPM) in K-unit auctions, in a standard Bayesian model. A seller has K copi...
Tanmoy Chakraborty, Eyal Even-Dar, Sudipto Guha, Y...
CORR
2010
Springer
229views Education» more  CORR 2010»
13 years 3 months ago
Market Equilibrium with Transaction Costs
Identical products being sold at different prices in different locations is a common phenomenon. To model such scenarios, we supplement the classical Fisher market model by intro...
Sourav Chakraborty, Nikhil R. Devanur, Chinmay Kar...
MAGS
2008
104views more  MAGS 2008»
13 years 4 months ago
Retractable contract network for empowerment in workforce scheduling
This paper is about business modelling and negotiation protocol design in distributed scheduling, where individual agents have individual (potentially conflicting) interests. It i...
Edward P. K. Tsang, Timothy Gosling, Botond Virgin...
DISOPT
2008
89views more  DISOPT 2008»
13 years 4 months ago
A pricing problem under Monge property
We study a pricing problem where buyers with non-uniform demand purchase one of many items. Each buyer has a known benefit for each item and purchases the item that gives the larg...
Oktay Günlük
AIM
2006
13 years 6 months ago
Does Trust Still Matter in Business Relationships Based on Online Reverse Auctions?
: The Internet-driven electronic marketplace has been presented as a mean of enhancing collaboration between buyers and suppliers while generating
Mohamed Hedi Charki, Emmanuel Josserand
ATAL
2008
Springer
13 years 6 months ago
Mobile opportunistic commerce: mechanisms, architecture, and application
We present mechanisms, architectures, and an implementation addressing challenges with mobile opportunistic commerce centering on markets and mechanisms that support the procureme...
Ece Kamar, Eric Horvitz, Chris Meek
AAAI
2007
13 years 6 months ago
Design of a Mechanism for Promoting Honesty in E-Marketplaces
In this paper, we explore the use of the web as an environment for electronic commerce. In particular, we develop a novel mechanism that creates incentives for honesty in electron...
Jie Zhang, Robin Cohen
CIA
2001
Springer
13 years 9 months ago
Equilibria Strategies for Selecting Sellers and Satisfying Buyers
We consider marketplaces where buyers and sellers iteratively encounter to trade. Given some specific trade conditions, the question that we address is what strategies should buy...
Claudia V. Goldman, Sarit Kraus, Onn Shehory
WINE
2009
Springer
200views Economy» more  WINE 2009»
13 years 9 months ago
Pricing Strategies for Viral Marketing on Social Networks
Abstract. We study the use of viral marketing strategies on social networks that seek to maximize revenue from the sale of a single product. We propose a model in which the decisio...
David Arthur, Rajeev Motwani, Aneesh Sharma, Ying ...