• DocumentCode
    2541509
  • Title

    The game analysis for e-commerce based on the third-party new rule

  • Author

    Huixia, Zou ; Dengkui, Sun

  • Author_Institution
    Econ. & Manage. Sch., Wuhan Univ., Wuhan, China
  • fYear
    2010
  • fDate
    16-18 April 2010
  • Firstpage
    114
  • Lastpage
    117
  • Abstract
    Under the natural condition there are only sellers and buyers, this paper uses game theory to prove that the development of e-commerce is impossible because of missing information about their trading counterparties, which is well resolved with the introduction of third-party to e-commerce. Based on those discussions, this paper tries to propose new rule - Punishment and Compensation Mechanism based on third-party e-commerce. Through model building and solving, this new rule is elaborated in detail and proved to be a good way that can motivate traders to choose the good faith transactions.
  • Keywords
    electronic commerce; game theory; compensation mechanism; e-commerce; game analysis; game theory; model building; model solving; punishment mechanism; third-party new rule; trading counterparties; Costs; Game theory; Internet; Nash equilibrium; Psychology; Sociology; Sun; Nash equilibrium; Punishment and Compensation Mechanism; e-commerce; parameter discussion;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Management and Engineering (ICIME), 2010 The 2nd IEEE International Conference on
  • Conference_Location
    Chengdu
  • Print_ISBN
    978-1-4244-5263-7
  • Electronic_ISBN
    978-1-4244-5265-1
  • Type

    conf

  • DOI
    10.1109/ICIME.2010.5477503
  • Filename
    5477503