Economics at your fingertips  

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

Peter McBurney, Tomasz Michalak, Joanna Tyrowicz () and Michael Wooldridge

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Coalition formation; e-commerce; multi-agent systems; consumer satisfaction; demand planning; warehouse management. (search for similar items in EconPapers)
JEL-codes: D12 C15 (search for similar items in EconPapers)
Date: 2008
References: View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

Page updated 2020-09-24
Handle: RePEc:pra:mprapa:15203