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Competitive Sourcing for Internet Commerce

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




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 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. The customer creates a request strategy, describing which suppliers to contact under what conditions. The customer executes this strategy, and evaluates whether it should be modified based on incremental results. In this paper we describe models for representing sourcing options, reliabilities, delivery timeliness profiles, customer deadlines, and request strategies. We also develop decision procedures for selecting request strategies that maximize expected utility under certain scenarios.

Item Type:Conference or Workshop Item (Paper)
Additional Information:Previous number = SIDL-WP-1997-0075
Subjects:Computer Science > Digital Libraries
Projects:Digital Libraries
Related URLs:Project Homepage
ID Code:354
Deposited By:Import Account
Deposited On:29 Oct 2001 16:00
Last Modified:29 Dec 2008 11:07

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