TY - GEN
T1 - Multi-agent based simulation of negotiate pricing process in B2C
AU - Yin, Qiuju
AU - Li, Yankun
AU - Zhi, Kun
PY - 2010
Y1 - 2010
N2 - Product pricing is an important step during the transaction of E-business. Nowadays, most pricing process researches are just from single aspect of business, which leads to ignore customers' effect on pricing process. In the paper, the negotiating pricing process in the B2C environment between the business and the customers is studied, a pricing model based on MAS is established. Moreover, a simulation of negotiating pricing process using Netlogo is run to test some factors' (including the number of the business, the number of the customers, the purchasing power and the cost) effect to the pricing result and the market efficiency. The result of this paper will provide a support for the E-business market managers to make strategies to improve the market efficiency to some extent.
AB - Product pricing is an important step during the transaction of E-business. Nowadays, most pricing process researches are just from single aspect of business, which leads to ignore customers' effect on pricing process. In the paper, the negotiating pricing process in the B2C environment between the business and the customers is studied, a pricing model based on MAS is established. Moreover, a simulation of negotiating pricing process using Netlogo is run to test some factors' (including the number of the business, the number of the customers, the purchasing power and the cost) effect to the pricing result and the market efficiency. The result of this paper will provide a support for the E-business market managers to make strategies to improve the market efficiency to some extent.
KW - B2C
KW - Multi-agent
KW - NetLogo simulation
KW - Pricing process
UR - http://www.scopus.com/inward/record.url?scp=79952435314&partnerID=8YFLogxK
U2 - 10.1109/GCIS.2010.32
DO - 10.1109/GCIS.2010.32
M3 - Conference contribution
AN - SCOPUS:79952435314
SN - 9780769543048
T3 - Proceedings - 2010 2nd WRI Global Congress on Intelligent Systems, GCIS 2010
SP - 9
EP - 12
BT - Proceedings - 2010 2nd WRI Global Congress on Intelligent Systems, GCIS 2010
T2 - 2010 2nd WRI Global Congress on Intelligent Systems, GCIS 2010
Y2 - 16 December 2010 through 17 December 2010
ER -