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An Optimal Coalition Formation among Buyer Agents Based on a Genetic Algorithm

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Developments in Applied Artificial Intelligence (IEA/AIE 2003)

Abstract

Group buying is a form of electronic commerce that is growing quickly. There are many group buying sites on the Internet. Group buying is a commercial transaction in which the unit price of goods changes with the number of buyers, and a buyer can purchase goods at a low price if many buyers participate in group buying. There are several group-buying sites that are selling similar (or the same) goods. Buyers are often distributed among these group-buying sites non-optimally. If we can optimally allocate buyers to several group buying sites, all buyers can buy a good at a lower price. possible that a participant can purchase the target or the simThe aim of this paper is to solve this optimal allocation problem by a Genetic Algorithm. Our method can effectively avoid the growth of fatal genes. In experiments, we compared our method with an exhaustive search algorithm and a brute search algorithm. The experimental results show that our algorithm can optimally allocate buyers in an efficient time.

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References

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© 2003 Springer-Verlag Berlin Heidelberg

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Hyodo, M., Matsuo, T., Ito, T. (2003). An Optimal Coalition Formation among Buyer Agents Based on a Genetic Algorithm. In: Chung, P.W.H., Hinde, C., Ali, M. (eds) Developments in Applied Artificial Intelligence. IEA/AIE 2003. Lecture Notes in Computer Science(), vol 2718. Springer, Berlin, Heidelberg. https://doi.org/10.1007/3-540-45034-3_77

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  • DOI: https://doi.org/10.1007/3-540-45034-3_77

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-40455-2

  • Online ISBN: 978-3-540-45034-4

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