Title :
An optimal coalition formation algorithm for electronic group buying
Author :
Hyodo, Masaki ; Matsuo, Tokuro ; Ito, Takayuki
Author_Institution :
Sch. of Knowledge Sci., Japan Adv. Inst. of Sci. & Technol., Japan
Abstract :
Group buying is a form of electronic commerce that is growing quickly. Group buying is a commercial transaction in which a buyer can purchase goods at a low price if many buyers participate in group buying. But buyers are often distributed among these group-buying sites non-optimally. If we can optimally allocate buyers to several group buying sites, all buyers can buy a good at a lower price. The aim of this paper is to solve this optimal allocation problem by a genetic algorithm.
Keywords :
electronic commerce; genetic algorithms; electronic commerce; electronic group buying; genetic algorithm; optimal allocation problem; optimal coalition formation algorithm;
Conference_Titel :
SICE 2003 Annual Conference
Conference_Location :
Fukui, Japan
Print_ISBN :
0-7803-8352-4