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
Link To Document