The role of a matchmaker in buyer-vendor interactions
- Lü, Linyuan Physics Department, University of Fribourg, Switzerland - Lab of Information Economy and Internet Research, University of Electronic Science and Technology of China, Chengdu, China
- Medo, Matúš Physics Department, University of Fribourg, Switzerland - Lab of Information Economy and Internet Research, University of Electronic Science and Technology of China, Chengdu, China
- Zhang, Yi-Cheng Physics Department, University of Fribourg, Switzerland - Lab of Information Economy and Internet Research, University of Electronic Science and Technology of China, Chengdu, China
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26.09.2009
Published in:
- The European Physical Journal B. - 2009, vol. 71, no. 4, p. 565-571
English
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.
- Faculty
- Faculté des sciences et de médecine
- Department
- Département de Physique
- Language
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- English
- Classification
- Physics
- License
- License undefined
- Identifiers
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- RERO DOC 13213
- DOI 10.1140/epjb/e2009-00315-0
- Persistent URL
- https://folia.unifr.ch/unifr/documents/301340
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