The purpose of this study is to identify the influence superstitious beliefs on residential property buyer’s decision-making in Sri Lanka. Despite plethora research devoted affecting prices, limited studies are available discussing effects entire buyer process. Besides, no dedicated discuss issue pertaining Lankan market. Rooted Vastu, Almanac, and Islamic discipline, exist These beliefs, whole...

We study a bargaining model in which a buyer makes frequent offers to a privately informed seller. In addition, the buyer gradually learns about the seller’s type from a publicly observable news process. We show that the buyer’s ability to leverage this information to extract more surplus from the seller is remarkably limited. In fact, the buyer’s equilibrium payoff is identical to what he woul...

In this paper, we show theoretical properties and mechanism design based on information disclosure incentives. Normally, in existing electronic commerce, user evaluation system in electronic commerce provides rough attributes of evaluation scoring given by buyers who finished all trading procedures. Also, related work in user evaluations are assumed simple situations and conditions when they an...

Optimal screening is one of the basic models of contracting under incomplete information, and we study the problem in a quality pricing application. We present a simple numerical method for solving the pricing problem when the firm has limited information about the buyers’ utility functions. In the method, the firm learns the optimal price schedule as the demand data is collected. We examine wh...

The use and benefits of online reviews are undeniable, yet the interaction means available for buyers when consulting reviews remain limited. This study aims to provide a better understanding of the role and use of online reviews, presenting a set of design ideas for designing user interfaces that better support online buyers in consulting reviews. Drawing on interviews with active online revie...

This paper shows the effects of traders evaluation based computational mechanism design in electronic commerce. The proposes a new user evaluation methods based on multi-criteria based rating system. In the existing trading systems, most of them have user evaluation to help buyers/sellers decision making to trade. However, a user can never know where the potential trading partners did trade suc...

An auction market is a market in which buyers enter competitive bids and sellers enter competitive offers at the same time. Many negotiation systems have been proposed that rely on adequate and precise information provided by the negotiation parties for making their decisions. This paper provides mechanisms for addressing inadequate or missing information in a negotiation environment between a ...

Over 20% of residential real estate transactions are in-house transactions, for which buyers and sellers are represented by the same brokerage. To investigate the underlying mechanisms that generate these in-house transactions, we first construct a search model that predicts two types of in-house transactions with different implications for market efficiency. The first is strategic promotion in...

The majority of recommender systems are designed to recommend items (such as movies and products) to users. We focus on the problem of recommending buyers to sellers which comes with new challenges: (1) constraints on the number of recommendations buyers are part of before they become overwhelmed, (2) constraints on the number of recommendations sellers receive within their budget, and (3) cons...

The present paper substantiates the relevance of topic and defines purpose methods research.The essence importance small business in Georgian economy is explained; Justifiably why world Georgia went to limit spread virus, maintain human health life, not lead economic recession. analyzes assesses situation businesses context restrictions imposed against corona-pandemic; there shown that corona-p...