Cooperation among bidders in traditional auctions is generally forbidden because it is harmful to the interests of sellers. However, in a new type of online auction, the group-buy...
Jian Chen, Xilong Chen, Robert J. Kauffman, Xiping...
Abstract We study optimal pricing in the presence of recommender systems. A recommender system affects the market in two ways: (i) it creates value by reducing product uncertaint...
Abstract. Although there is a plentiful literature on the use of evolutionary methodologies for the trading of financial assets, little attention has been paid to potential use of...
— Given the current financial crisis, there is renewed interest in modelling how the price of commodities change in the market. Traditionally, such models have assumed constant ...
Boris I. Godoy, Graham C. Goodwin, Juan C. Agü...
Abstract. In this paper, we further develop the idea of combining pervasive computing techniques with electronic payment systems to create activity-based micro-incentives. Economic...