Abstract This paper studies matching markets in the presence of middlemen. In our framework, a buyer–seller pair may either trade directly or use services middleman; and middleman serve multiple pairs. For each such market, we examine associated TU game. We first show that, context, an optimal can be obtained by considering two-sided assignment market where is allowed to mediation any free char...

Electronic business motivates automatic bargaining: computers may not be as good bargainers as expert human bargainers, but by talking to a large number of traders on the Internet, they stand a better chance of getting good deals. While an end-seller may be interested in getting the highest profit from each negotiation, traders have to balance between making large profits in few deals (thus mis...

This research is concerned with the evolution of middlemen strategies for simple, but non-trivial, supply chains. The work contributes a language for modelling simple supply chains, a framework for representing middlemen strategies and a platform for evolving these strategies. The work shows that for reasonably complex economic problems, that contain a great deal of uncertainty, the evolution o...

As the rice harvest approaches, most of farmers in Suboh Village, District, and Situbondo Regency are still very dependent on slashing system by middlemen. However, there is something that makes researchers interested, namely when middlemen carry out calculations to determine price bids with special tricks. Researchers believe these activities full mathematical concepts themselves may or not be...

Recent research in industrial organisation has investigated the essential place that middlemen have in the networks that make up our global economy. In this paper we a�empt to understand how such middlemen compete with each other through a game theoretic analysis using novel techniques from decision-making under ambiguity. We model a purposely abstract and reduced model of one middleman who pro...

The role of middlemen in rural areas is often controversial, particularly because the positive or negative roles they play farmer livelihood. This study aims to understand farmers' perception facilitating their farming system and find out socioeconomic factors that determine what degree farmers attach themselves middlemen. To get this information, we conducted a case survey 92 respondents from ...

With the development of science and technology, the Internet is growing increasingly popular with the Chinese people. Accompany with the increment of online consumers groups, an increasing number of traditional enterprises have introduced the electronic commerce mode. This paper is intended to make a preliminary analysis of the B2C electronic commerce pattern. At first, it will introduce the co...

We study decentralized markets involving producers and consumers that are facilitated by middlemen. We do this by analyzing a non-cooperative networked bargaining game. We assume a complete information set-up wherein all the agents know the structure of the network, the values of the consumers and the transaction costs involved but allow for some search friction when either producers or consume...