Work

Shopbot economics

Year: 1999

Type: conference-paper

Abstract: We propose an economic model that captures some of the essence of shopbots and their likely influence on the behavior of buyers and sellers (or software agents acting on their behalf).Speciilcally, we study a variety of adaptive, pricesetting algorithms that 3rms might implement to maximize profits in the face of a growing community of shopbots.

Source: Adaptive Agents and Multi-Agents Systems

DOI: 10.1145/301136.301243

Authors: Jeffrey O. Kephart, Amy R. Greenwald

Institution: IBM (United States)

Language: English

Topic: Consumer Market Behavior and Pricing

Subfield: Marketing

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: bronze

OpenAlex ID: W2293748971

FWCI: 63.13

Cites: 6

Cited by: 54

Related to: 10