Who’s Afraid of Strategic Behavior? Mechanisms for Group Purchasing
We study mechanisms to manage group purchasing among a set of buyers of a given product with a concave purchase cost function. The buyers are cost-sensitive and willing to buy a range of product quantities at different prices. We investigate two types of mechanisms that can be used by a group purcha...
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| Format: | Article |
| Language: | English |
| Published: |
Wiley-Blackwell
2019
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |