Title :
Multi-attribute exchange market: search for optimal matches
Author :
Fink, Eugene ; Gong, Jianli ; Hershberger, John
Author_Institution :
Language Technol., Carnegie Mellon Univ., Pittsburgh, PA, USA
Abstract :
We describe an exchange system for trading complex goods, such as used cars or nonstandard financial securities. The system allows traders to represent their buy and sell orders by multiple attributes, provide complex price constraints, and specify preferences among acceptable trades. We describe a technique for fast identification of most preferable matches between buy and sell orders, which maximize trader satisfaction.
Keywords :
electronic commerce; marketing; optimisation; buy and sell orders; complex goods; complex price constraints; e-commerce; financial securities; multiattribute exchange market; optimal matches; trader satisfaction; Computational efficiency; Computer science; Consumer electronics; Indexing; Internet; Optimal matching; Standardization; Stock markets; Tides; Vehicles;
Conference_Titel :
Systems, Man and Cybernetics, 2004 IEEE International Conference on
Print_ISBN :
0-7803-8566-7
DOI :
10.1109/ICSMC.2004.1401180