Friday 7 September 2007

Group Buying

Taken from 'Performance of software agents in non-transferable payoff group buying' (2006), by Frederick Asselin and Brahim Chaib-Draa

... Group buying is a natural application domain for research on coalition formation in a multi-agent system (MAS). Consumers have an incentive to regroup with the unit price reduction as a function of the number of units bought by the group. However, as more and more consumers become members of the same group, there is an increase in the number of compromises that each consumer must make in order to agree on the product bought by the group...

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