• DocumentCode
    3305710
  • Title

    The Potluck Problem with consumers´ choice behavior

  • Author

    Singh, Nidhi ; Rao, Shrisha

  • Author_Institution
    IBM India Private Ltd., Bangalore, India
  • fYear
    2009
  • fDate
    22-25 Aug. 2009
  • Firstpage
    328
  • Lastpage
    333
  • Abstract
    This paper extends the current Potluck Problem to include multiple goods in the relevant problem scenario, thereby bringing in the question of estimation of consumers´ choice behaviors in the system. Given a variety of dishes to choose from at any dinner instance, an agent chooses a set of dishes in a particular proportion such that his utility from the total consumption is maximized. Such choice behaviors of agents determine the demand structure of the dishes offered in a potluck dinner. In this paper, we use mathematically specified models of consumer choice to represent these behaviors. These models are used to build a set of predictors that are capable of computing certain functional forms and variables (including seasonal and trend variables) of the demand system. Such predictors existing in the system are then used by agents in estimating the demand at future potluck dinner instances.
  • Keywords
    consumer behaviour; resource allocation; consumer choice; demand structure; demand system; potluck dinner; potluck problem; seasonal variables; trend variables; Automation; Information technology; Iron; Mathematical model; Predictive models; Resource management; Veins;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Automation Science and Engineering, 2009. CASE 2009. IEEE International Conference on
  • Conference_Location
    Bangalore
  • Print_ISBN
    978-1-4244-4578-3
  • Electronic_ISBN
    978-1-4244-4579-0
  • Type

    conf

  • DOI
    10.1109/COASE.2009.5234114
  • Filename
    5234114