The model of making a price match based on automatic negotiated price for electronic commerce

  title={The model of making a price match based on automatic negotiated price for electronic commerce},
  author={Yong Zhang and Weijun Wang and Lihong Xu and Lu Zheng},
  booktitle={Int. J. Netw. Virtual Organisations},
The paper proposes a new sealed bargaining mechanism based on the electronic business negotiation model focusing on the opaqueness of information on demand and supply. With the supply and demand function to analyse the underlying rules of behaviours during the course of the price change, the paper proves a series of intersecting chord theorems concerning concave supply and demand function, upon which a transaction mechanism for price negotiating purposes meaning that manufacturers and… 


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