Current initiatives for e-commerce deployment in the construction industry are related to the establishment of business-to-business (B2B) marketplaces, which allow large communities of buyers and suppliers to meet and trade with each other. Even though these efforts have included aspects of interoperability, database management and security protocols, trading mechanisms in the supply chain have...

We introduce and study a new auction model in which a certain type of goods is offered over a period of time, and buyers arrive at different times and stay until a common deadline (unless their purchase requests have been fulfilled). We examine in this model incentive compatible auction protocols (i.e., those that induce participants to bid their true valuations). We establish an interesting co...

mobile technology is getting changed very fast in commensurate with other technological hyper changes. buyers’ expectation from a new cellular phone is also changing over time. producers, thereby, have to keep themselves abreast of changes in customer taste and preferences to attract, capture, grow, and retain both existing and potential customers. this study is set to measure factors affecting...

We consider a seller with an unlimited supply of a single good, who is faced with a stream of T buyers. Each buyer has a window of time in which she would like to purchase, and would buy at the lowest price in that window, provided that this price is lower than her private value (and otherwise, would not buy at all). In this setting, we give an algorithm that attains O(T2/3) regret over any seq...

When buyers worry that sellers may not remain in the market long enough to fulfill all contractual obligations, they may be unwilling to purchase and a market failure can result. Bank deposits and pension benefits are examples of contracts for which buyers might lose confidence in sellers, making these markets “fragile.” This paper studies market fragility created by both fundamental (i.e., cos...

Web business models typically rely on environments where entities, not known in advance, try to negotiate and agree on the purchase of products. Such environments are termed Electronic Markets (EMs). In EMs there are two main groups of entities: the buyers and the sellers. Intelligent agents can play the role of buyers and sellers as delegates of them. Agents, acting autonomously, can guarantee...

The aggregate welfare measure for a change in the provision of a public good derived from a contingent valuation (CV) survey will be higher if the same elicited mean willingness to pay (WTP) is added up over individuals rather than households. A trivial fact, however, once respondents are part of multi-person households, it becomes almost impossible to elicit an “uncontaminated” WTP measure tha...

Buyers in the residential solar photovoltaic (PV) market are o‰en not fully informed about all competitors’ prices when making a purchase decision. Consumers’ lack of complete price information can incentivize sellers to charge higher markups, leading to less adoption. Large markups directly counteract public programs that subsidize solar PV. In this paper, I use proprietary data on consumers’ ...

Customer experience is influenced by the total purchasing decision process starting at need recognition and ending post-purchasing stage. The IT development of retail industry provides an opportunity same time forces retailers to implement multi-channel strategies give their consumers use channels that best suit needs a given for enhanced shopping experience. purpose study was examine how Hunga...