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Exogenous coalition formation in the e-marketplace based on geographical proximity

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Author Info
McBurney, Peter
Michalak, Tomasz
Tyrowicz, Joanna
Wooldridge, Michael

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Abstract

This paper considers a model for exogenous coalition formation in e-marketplaces. Using the informational advantage e-retailer creates coalitions of customers based on geographical proximity. Most of the literature regards this process as endogenous: a coalition leader bundles eventual purchases together in order to obtain a better bargaining position. In contrast - and in response to what is being observed in business practice - we analyse a situation in which an existing e-retailer exogenously forms customers' coalitions. Results of this study are highly encouraging. Namely, we demonstrate that even under highly imperfect warehouse management schemes leading to contagion eects, suggested combined delivery service may oer signifficant efficiency gains as well as opportunities for Pareto-improvement.

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File URL: http://mpra.ub.uni-muenchen.de/15203/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 15203.

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Date of creation: 2008
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Handle: RePEc:pra:mprapa:15203

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Related research
Keywords: Coalition formation; e-commerce; multi-agent systems; consumer satisfaction; demand planning; warehouse management.;

Find related papers by JEL classification:
D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Statistical Simulation Methods

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This page was last updated on 2009-11-26.


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