Through marketplace website, someone can open a business using relatively low capital without the need to physical store. The benefit website is wider market range so that able get customers easily. On other hand, pet lovers often feel difficulties buy pet. Moreover, rare pets are traded higher bargaining price between sellers and buyers. This causes find mutually beneficial on both sides. In t...

This thesis work is in the area of modeling trust in multi-agent systems, systems of software agents designed to act on behalf of users (buyers and sellers), in applications such as e-commerce. The focus is on developing an approach for buyers to model the trustworthiness of sellers in order to make effective decisions about which sellers to select for business. One challenge is the problem of ...

Procurement is the process that buyers use to purchase items from sellers. E-procurement uses on-line facilities to conduct some of the procurement activities. In general, e-procurement consists of five major activities: analyze the spending, manage the purchasing requirements, manage the procurement process, implement the new selected supplier(s), and manage the suppliers; see Appendix I for m...

Should the buyer of a customized good use competitive bidding or negotiation to select a contractor? To shed light on this question, we consider several possible determinants that may influence the choice of auctions versus negotiations. We then examine a comprehensive data set of private sector building contracts awarded in Northern California during the years 1995–2000. The analysis suggestsa...

In this research, we extend online auction theory by considering set theory in terms of a staged buying process. Success of online auction marketplaces depends on the efficacy of individual buyers searching for and finding desired items for bidding. Searches that lead to consideration sets with too many or too few options may result in a suboptimal choice. Results from this study suggest that c...

Private equity firms are drivers of the ongoing international restructuring process. Extensive use of leverage gives private equity firms a tax advantage in the market for corporate control. We show that with limited deductibility of acquisition costs, these tax advantages will affect the efficiency of the market for corporate control: a private equity firm can outbid more efficient incumbent b...

T paper proposes an agent competition double-auction mechanism to simplify decision making and promote transactions for the customer-to-customer marketplaces. Under the proposed double-auction mechanism, bidding one’s true valuation (private information) is the best strategy for each individual buyer and seller even when shipping costs and sales taxes are different across various possible trans...

We run a large field experiment with an online company specializing in selling used automobiles via ascending auctions. We manipulate experimentally the “price grid,” or the possible amounts that bidders can bid above the current standing price. Using two diverse auction sites, one in New York and one in Texas, we find that buyer and seller behavior differs strikingly across the two sites. Spec...

This paper describes the concept for and lessons from the development and field-testing of an open, interoperable communications infrastructure to support automating demand response (DR). Automating DR allows greater levels of participation and improved reliability and repeatability of the demand response and customer facilities. Automated DR systems have been deployed for critical peak pricing...

The current inter-regional and inter-provincial power trading is organized by transaction path, the buyers sellers are two regions or provinces through bidding range small, which cannot optimize allocation of resources in trading, it difficult to break provincial regional barriers, therefore, this paper proposes market Therefore, an optimal clearing model for market, can expand scope scale real...