Title
Collective profitability in semi-competitive intermediation networks.
Abstract
We analyze intermediation business processes that enable companies to use multiple distribution channels for expanding their market horizon of potential customers that are interested in purchasing their products and/or services. These distribution channels are represented by sequences of intermediation transactions supported by usually self-interested middle-agents that enable the connection of the providers with the end costumers. We propose a new formal model of network-structured intermediation business processes represented as Directed-Acyclic-Graphs. Using this model we obtained sound theoretical results of collectively profitable intermediation transactions. This paves the way for further proposal of optimal pricing strategies of the participating agents in semi-competitive environments.
Year
DOI
Venue
2019
10.3233/JIFS-179345
JOURNAL OF INTELLIGENT & FUZZY SYSTEMS
Keywords
Field
DocType
Welfare economics,intermediation networks,collective intelligence,multi-agent system,graph theory,linear algebra
Microeconomics,Profitability index,Artificial intelligence,Intermediation,Machine learning,Mathematics
Journal
Volume
Issue
ISSN
37
6.0
1064-1246
Citations 
PageRank 
References 
0
0.34
0
Authors
4
Name
Order
Citations
PageRank
Amelia Badica15414.93
Costin Badica242370.31
Mirjana Ivanovic354083.40
Doina Logofatu41716.74