The role of a matchmaker in buyer-vendor interactions

Details The role of a matchmaker in buyer-vendor interactions The role of a matchmaker in buyer-vendor interactions

2009-02-03

arxiv.org/abs/0902.0504v2

European Physical Journal B 71, 565-571 (2009)

Economy

Quantitative Finance

General Finance

7 pages, 5 figures, minor modifications

Scientific paper

10.1140/epjb/e2009-00315-0

We consider a simple market where a vendor offers multiple variants of a certain product and preferences of both the vendor and potential buyers are heterogeneous and possibly even antagonistic. Optimization of the joint benefit of the vendor and the buyers turns the toy market into a combinatorial matching problem. We compare the optimal solutions found with and without a matchmaker, examine the resulting inequality between the market participants, and study the impact of correlations on the system.

Affiliated with

Also associated with

No associations

Rating

The role of a matchmaker in buyer-vendor interactions does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.

If you have personal experience with The role of a matchmaker in buyer-vendor interactions, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and The role of a matchmaker in buyer-vendor interactions will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFWR-SCP-O-297688