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Competitive Sourcing for Internet Commerce

Ketchpel, S. and Garcia-Molina, H. (1998) Competitive Sourcing for Internet Commerce. In: 18th International Conference on Distributed Computing Systems (ICDCS 1998), May 26-29, 1998, Amsterdam, The Netherlands.




1 In electronic commerce on the Internet, a customer can choose among several competitive suppliers, but because of the nature of the Internet, the reliability and trustworthiness of suppliers may vary significantly. The customer's goal is to maximize its utility, by minimizing the expense required to fulfill its request, and maximizing its probability of success by some deadline. To this end, the customer creates a request strategy, describing which suppliers to contact under what conditions. In this paper we describe models for representing request strategies complete with supplier reliabilities, delivery timeliness profiles, and customer deadlines. We also develop decision procedures for selecting request ategies that maximize expected utility under certain scenarios, and more effcient heuristics that approximate the optimal solution

Item Type:Conference or Workshop Item (Paper)
Uncontrolled Keywords:Competitive Sourcing, E-commerce, decision theory, request strategy, deadlines, supplier reliability, Bayes net, decision tree, multiple suppliers
Subjects:Computer Science > E-Commerce
Projects:Digital Libraries
Related URLs:Project Homepage
ID Code:333
Deposited By:Import Account
Deposited On:25 Feb 2000 16:00
Last Modified:29 Dec 2008 11:04

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