A new coalition formation based on reservation prices and locations of buyers

dc.contributor.authorNarabin, Santit
dc.contributor.authorBoonjing, Veera
dc.contributor.authorBoongasame, Laor
dc.date.accessioned2026-08-06T10:06:08Z
dc.date.available2026-08-06T10:06:08Z
dc.date.issued2013-01-01
dc.description.abstractThis paper defines a coalition as a cluster of buyers in dimensional space of reservation price and location. It defines a new buyer utility accounting for discount and traveling costs. A new coalition with nonnegative utility is proposed to maximize a number of successful buyers. This nonnegative utility coalition also assures that a winner does not have to pay more to subsidize others. Simulation results confirm that performance of the new scheme is significantly better than of a random one and is as good as a reservation price based coalition. © 2013 S. Narabin et al.
dc.identifier.citationApplied Mathematical Sciences, 7(73-76), 3765-3774, 2013
dc.identifier.doi10.12988/ams.2013.35269
dc.identifier.issn1312885X
dc.identifier.other2-s2.0-84880654625
dc.identifier.urihttps://dspace.kmitl.ac.th/handle/123456789/4738
dc.sourceApplied Mathematical Sciences
dc.subjectBuyer coalition
dc.subjectCoalition formation
dc.subjectElectronic commerce
dc.subjectGroup-Buying
dc.subjectGroupbuymultiple
dc.titleA new coalition formation based on reservation prices and locations of buyers
dc.typeArticle

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