An Insight into an Innovative Group-Trading Model for E-Markets Using the Scenario of a Travel Agent

A Core Broking Model (CBM) has been proposed, which is a core-based model and uses physical brokers to resolve group-trading problems in e-markets. Some solution concepts are adopted in this model, so that three essential factors can be considered, namely incentive compatibility, distributed computing, and less computational complexity. A fees system including the commission for the brokers was suggested to the model. An example illustrates the innovative process of group-trading in the model and shows that the CBM successfully creates a profitable situation for customers, providers and brokers in e-markets.

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