A double auction game with an infinite number of buyers and sellers is introduced. All sellers posses one unit of a good, all buyers desire to buy one unit. Each seller and each buyer has a private valuation of the good. The distribution of the valuations define supply and demand functions. One unit of the good is auctioned. At successive, discrete time instances, a player is randomly selected ...

In complex procurement projects, it is difficult to write enforceable contracts that condition price upon quality. Supplier nonperformance becomes an acute risk, particularly when there intense competition for the contract. An established incentive mechanism used mitigate problem of supplier retainage, in which buyer sets aside a portion purchase price. After project completion, determines amou...

The starting point for this study was the obvious " mis-match " between the dominating, consumer marketing-oriented way of approaching customer satisfaction on the one hand and our current understanding of industrial buyer–seller relationships and networks on the other. The purpose of this paper is to present a relational and contextual perspective on customer satisfaction and dissatisfaction i...

The Digital watermarking technology has become increasing popular in the protection digital copyright. However, in the practical application, the watermarking algorithms should be combined with a secure copyright protection protocol to solve the copyright protection problems completely. In this paper, a novel buyer-seller watermarking protocol is proposed for piracy tracing, in which a memoryle...

a r t i c l e i n f o Keywords: Buyer–seller negotiations Status quo analysis Content analysis Co-citation analysis The main objective of this study is to provide an overview of the current status quo of negotiation research in marketing. In this context, we first conduct a quantitative analysis of existing literature on buyer–seller negotiations. Specifically, we undertake a screening of 10 hi...

This paper presents the economic production quantity (EPQ) models for the imperfect quality items produced with/without the presence of shortage condition. The models are presented in a two-level supply chain composed of a single manufacturer and a single buyer to investigate the performance of vendormanaged inventory (VMI) policy. The total costs are minimized to obtain the optimal production ...

The recent emergence of internet-based electronic market places is changing the structure of traditional marketing channels in a fundamental way. Collaboration may increase because of lower transaction costs related with increased information availability. At the same time these same factors, through the effect they have on mutual dependency and uncertainty in the buyer-seller dyad, are conside...

the secure embedding scheme (see Section II), it is hard to generate a watermarked version of c which has a low correlation with k 0. An estimation attack usually yields a watermarked object that still correlates well with k 0 ; a judge will reject the accusation on such an object, as it can only originate from a malicious seller (k 0 is only available to the seller). • Finally, can attempt to ...

Previous research in the area of buyer strategies for choosing sellers in ecommerce markets has focused on frequent purchases. In this paper we present a reputation based buyer strategy for choosing sellers in a decentralized, open, uncertain, dynamic, and untrusted B2C ecommerce market for frequent and infrequent purchases. The buyer models the reputation of the seller after having purchased g...

To get the items that a buyer wants in an Internet auction, he must search for the items through several auction sites. When the bidding starts, the buyer needs to connect to these auction sites frequently so that he can monitor the bid states and re-bid. A reserve-price auction reduces the number of connections, but this limits the user’s bidding strategy. Another problem is equity between the...