Adaptive Price Mechanism and a Sequential Reverse Auction Model in Social Commerce

2021 ◽  
Author(s):  
Dipankar Das
Keyword(s):  
Price Mechanism ◽  
Social Commerce ◽  
Reverse Auction ◽  
Auction Model

scholarly journals A Multi-Attribute Reverse Auction Model on Margin Bidding

2020 ◽  
Vol 37 (06) ◽  
pp. 2050032
Author(s):  
Benjiang Ma ◽  
Zhongmin Zhou ◽  
Muhammad Farhan Bashir ◽  
Yuanji Huang
Keyword(s):  
Incentive Compatibility ◽  
Operating Cost ◽  
Reverse Auction ◽  
Auction Mechanism ◽  
Optimal Auction ◽  
Single Attribute ◽  
Participation Constraint ◽  
Auction Model

Multi-attribute reverse auction has many advantages for the buyer with the multi-dimensional attribute requirements. However, it is hard to design an optimal auction mechanism for the scenario in practice. Therefore, this paper presents a method transforming multi-attribute auction into single-attribute auction by bidding in deposit. The analysis indicates that our method can reduce not only the transaction risk caused by the supplier’s bid abandonment but also the operating cost and complexity of the multi-attribute auction. Besides, our method meets the incentive compatibility and participation constraint conditions by promising that the highest bidding supplier is the winner in the Auction and can obtain higher expected profits than traditional auctions for the buyer.

scholarly journals Reverse Auction Based Green Offloading Scheme for Small Cell Heterogeneous Networks

2016 ◽  
Vol 2016 ◽  
pp. 1-10 ◽  
Author(s):  
Xiaodong Xu ◽  
Chunjing Yuan ◽  
Jianhui Li ◽  
Huixin Zhang ◽  
Xiaofeng Tao
Keyword(s):  
Energy Efficiency ◽  
Hot Spot ◽  
Heavy Traffic ◽  
Small Cell ◽  
Traffic Load ◽  
Small Cells ◽  
Dynamic Programming Method ◽  
Reverse Auction ◽  
Load Pressure ◽  
Auction Model

The small cell is treated as a promising proposition to provide hot spot capacity and higher data rates. However, even with dense small cell deployment scenario, the heavy traffic load pressure and low energy efficiency in the small cell heterogeneous network (HetNet) still exist. Therefore, how to make the best use of densely deployed small cells under HetNet environments becomes the focus of researches. Offloading provides a feasible solution to promote cooperation between macrocells and small cells for user traffic supporting. In this paper, we propose the reverse auction based Green Offloading (GO) scheme for energy efficiency improvements. The proposed GO scheme employs the reverse auction theory to handle the offloading decision process, aiming at maximizing the system energy efficiency under the constraints of user Quality of Service (QoS) requirements, bandwidth, and transmission power limitations. Moreover, the reverse auction model gives the facility of multicell coordination transmissions with multiple winners situation. The energy efficiency optimization problem with constraints is solved by Dynamic Programming method with Karush-Kuhn-Tucker (KKT) conditions. The Individual Rationality and Truthfulness of the reverse auction model are also proved. By comparing the energy efficiency performances of the proposed GO scheme with current works within the Long Term Evolution-Advanced (LTE-A) system downlink scenario, simulation results show the improvements of the proposed GO scheme.

Real-Time Implementation of Multiagent-Based Game Theory Reverse Auction Model for Microgrid Market Operation

2015 ◽  
Vol 6 (2) ◽  
pp. 1064-1072 ◽  
Author(s):  
Mehmet Hazar Cintuglu ◽  
Harold Martin ◽  
Osama A. Mohammed
Keyword(s):  
Game Theory ◽  
Real Time ◽  
Reverse Auction ◽  
Market Operation ◽  
Auction Model

A managerial perspective on omnichannel e-customer

2020 ◽  
pp. 5-17
Author(s):  
Maria Teresa Cuomo ◽  
Francesca Ceruti ◽  
Alice Mazzucchelli ◽  
Alex Giordano ◽  
Debora Tortora
Keyword(s):  
Social Networks ◽  
Social Media ◽  
Empirical Analysis ◽  
Customer Experience ◽  
Tourism Industry ◽  
Point Of View ◽  
Social Commerce ◽  
Social Dimensions ◽  
Offline Channels ◽  
Managerial Perspective

The actual omnichannel customer uses indifferently both online and offline channels to express himself through consumption, which increasingly blends personal, cultural and social dimensions. In this perspective social media and social networks are able to assist e-retailers in their effort of creating a total e-customer experience, especially in the tourism industry, trying to satisfy their clients from the relational and commercial point of view. By means of an empirical analysis where managers were interviewed on the topic and its degree of application in the firms, the paper underlines how from the managerial point of view, that represents a new prospect on the topic, the expected shift from e-commerce to social commerce paradigm, facilitating the selling and buying of products and services by using various internet features, is nowadays not completely understood and realized.

PRICE MECHANISM MANAGEMENT IN AGRO-INDUSTRIAL COMPLEX

2019 ◽  
pp. 23-31
Author(s):  
V. Trukhachev ◽  
Yu. Binatov ◽  
A. Gerasimov
Keyword(s):  
Industrial Complex ◽  
Price Mechanism
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