Abstract. An e-market system is a concrete implementation of a market institution; it embeds one or more exchange mechanisms. E-market systems are also information systems which ar...
Gregory E. Kersten, Eva Chen, Dirk Neumann, Rustam...
We present a simple dynamic equilibrium model for an online exchange where both buyers and sellers arrive according to a exogenously defined stochastic process. The structure of t...
This paper investigates the behaviors and the properties of a "Give and Take" cellular automaton on a graph. Using an economical metaphor, this model implements the excha...
Companies, organizations, and individuals often wish to share information to realize valuable social and economic goals. Unfortunately, privacy concerns often stand in the way of ...
: In this paper, inspired by the work of Megiddo on the formation of preferences and strategic analysis, we consider an early market model studied in the field of economic theory, ...