Abstract:
Online Escrow is emerging as an effective services to secure online trades in C2C Internet auctions. An online escrow service provider acts as a middle man in the exchange of goods and payment to protect tradersÌ benefit from Internet fraud. The ongoing research presented in this paper is to develop an agent-based distributed experimental system to simulate the online C2C auctions with online escrow. As a methodological exploration, the project is to verify whether software agents could replace human subjects for e-commerce experiments, with the parameters calibrated from the latter.