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An Insight into an Innovative Group-Trading Model for E-Markets Using the Scenario of a Travel Agent

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Computational Collective Intelligence. Technologies and Applications (ICCCI 2013)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 8083))

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Abstract

A Core Broking Model (CBM) has been proposed, which is a core-based model and uses physical brokers to resolve group-trading problems in e-markets. Some solution concepts are adopted in this model, so that three essential factors can be considered, namely incentive compatibility, distributed computing, and less computational complexity. A fees system including the commission for the brokers was suggested to the model. An example illustrates the innovative process of group-trading in the model and shows that the CBM successfully creates a profitable situation for customers, providers and brokers in e-markets.

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Author information

Authors and Affiliations

  1. Department of Information Management, Aletheia University, No. 32, Zhenli Street, Tamsui Dist., New Taipei City, 25103, Taiwan, R.O.C.

    Pen-Choug Sun & Feng-Sueng Yang

Authors
  1. Pen-Choug Sun
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  2. Feng-Sueng Yang
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Editor information

Editors and Affiliations

  1. Computer and Information Technology Department, University of Craiova, Bvd. Decebal 107, 200440, Craiova, Romania

    Costin Bǎdicǎ

  2. Institute of Informatics, Wrocław University of Technology, Wybrzeże Wyspiańskiego 27, 50-370, Wrocław, Poland

    Ngoc Thanh Nguyen

  3. Computer and Information Technology Department, University of Craiova, Bvd. Decebal 107, 200440, Craiova, Romania

    Marius Brezovan

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Sun, PC., Yang, FS. (2013). An Insight into an Innovative Group-Trading Model for E-Markets Using the Scenario of a Travel Agent. In: Bǎdicǎ, C., Nguyen, N.T., Brezovan, M. (eds) Computational Collective Intelligence. Technologies and Applications. ICCCI 2013. Lecture Notes in Computer Science(), vol 8083. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-40495-5_58

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  • DOI: https://doi.org/10.1007/978-3-642-40495-5_58

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-40494-8

  • Online ISBN: 978-3-642-40495-5

  • eBook Packages: Computer ScienceComputer Science (R0)

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