A Fuzzy Rule-based Bargaining Model for Online Group Purchasing

DOI

10.2991/jcis.2006.160How to use a DOI?

Keywords

Group Purchasing, Collective Purchasing, Bargaining, Fuzzy Logic, Electronic Commerce

Abstract

Online group purchasing or collective purchasing is the activity in which people who desire to buy the same merchandises join together so that they can negotiate with sellers for a better price through Internet. This paper utilizes fuzzy logic to develop a bargaining model for such activities. The model supports buyers to make group decision to set up their bargaining strategy; instead of using static rules, buyers can customize their fuzzy rule base that can infer to produce negotiation proposals to bargain with sellers. Experimental results show that (1) the prototype system with the fuzzy function is easy to use; (2) people enjoy online bargaining for better prices; (3) they think that online bargaining is very important and inevitable for electronic markets in the future.

Copyright

© 2006, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ping-Wen Chen
AU  - Yung-Ming Li
AU  - Ting-Kai Hwang
PY  - 2006/10
DA  - 2006/10
TI  - A Fuzzy Rule-based Bargaining Model for Online Group Purchasing
BT  - Proceedings of the 9th Joint International Conference on Information Sciences (JCIS-06)
PB  - Atlantis Press
SP  - 657
EP  - 660
SN  - 1951-6851
UR  - https://doi.org/10.2991/jcis.2006.160
DO  - 10.2991/jcis.2006.160
ID  - Chen2006/10
ER  -