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Forming buyer coalitions with bundles of items

Author(s)
Boongasame, Laor
Leung, Ho Fung
Boonjing, Veera
Chiu, Dickson K.W.
Date Issued
September 10, 2009
Type
Conference Paper
DOI
10.1007/978-3-642-01665-3_72
Abstract
There are several existing buyer coalition schemes, but they do not consider bundles of items. This research presents an algorithm for forming a buyer coalition with bundles of items, called the GroupBuyPackage scheme, in order to maximize the total discount. Our simulation results show that the total discount of the coalitions in this scheme are close to that in the optimal scheme. © 2009 Springer Berlin Heidelberg.
Citation
Lecture Notes in Computer Science Including Subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics, 5559 LNAI, 714-723, 2009
Subjects

Bundles of items

Coalition formation

Cooperative game theo...

Group buying

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