Title :
Game algorithm of trade selection based on trust in E-marketplace
Author :
Li, Zhuocheng ; Xie, Jinkui ; Jin, Yisheng ; Yang, Zongyuan
Author_Institution :
Dept. of Comput. Sci. & Technol., East China Normal Univ., Shanghai, China
Abstract :
In order to solve the problem of trust management in E-marketplace where asymmetric information exists between buyers and sellers, we propose a trade selection algorithm based on game processing in C2C environment in this paper. With the idea of rational expectation of economics, the selection of rational contracting parties is imitated, and a credit-scoring model is presented according to history information about the traders, in which some speculators are removed by trade selection method. In order to make the method more effective, Swarm simulation is carried out, which tracks the trading processes and shows that how it maintain a better rate of elimination at last. The results are distinct in different scale of market, and have the benefit for the optimization of mechanism. The Swarm-based trust model in a large market is also feasible, and the reputation effect in game theory is validated here at the same time.
Keywords :
consumer behaviour; finance; game theory; C2C environment; asymmetric information; credit scoring model; e-marketplace trust; economics; game algorithm; game theory; swarm based trust model; swarm simulation; trade selection; Ad hoc networks; Communication system security; Computer science; Environmental economics; Environmental management; Game theory; History; Logistics; Peer to peer computing; Technology management; E-marketplace; game; trade selection; trust;
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
DOI :
10.1109/ICIME.2010.5477772