Price Comparisons on the Internet Based on Computational Intelligence

Jun Woo Kim and Sung Ho Ha

PLOS ONE, 2014, vol. 9, issue 9, 1-13

Abstract: Information-intensive Web services such as price comparison sites have recently been gaining popularity. However, most users including novice shoppers have difficulty in browsing such sites because of the massive amount of information gathered and the uncertainty surrounding Web environments. Even conventional price comparison sites face various problems, which suggests the necessity of a new approach to address these problems. Therefore, for this study, an intelligent product search system was developed that enables price comparisons for online shoppers in a more effective manner. In particular, the developed system adopts linguistic price ratings based on fuzzy logic to accommodate user-defined price ranges, and personalizes product recommendations based on linguistic product clusters, which help online shoppers find desired items in a convenient manner.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:plo:pone00:0106946

DOI: 10.1371/journal.pone.0106946

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