A volume discount-based allocation mechanism in group buying

  title={A volume discount-based allocation mechanism in group buying},
  author={Tokuro Matsuo and Takayuki Ito and Toramatsu Shintani},
  journal={International Workshop on Data Engineering Issues in E-Commerce},
Volume discount is seen as an effective form of electronic commerce and a promising field for applying agent technologies. In current volume discount mechanisms, items are not allocated efficiently to buyers. Namely, social surplus is not maximum in existing volume discount schemes. To solve this problem, we propose a volume discount mechanism based on the seller's reservation price and the payment adjustment value. First, a seller registers his/her items with the evaluation value functions… CONTINUE READING
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