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Issue title: Special Section: Collective intelligence in information systems
Guest editors: Ngoc Thanh Nguyen, Edward Szczerbicki, Bogdan Trawiński and Van Du Nguyen
Article type: Research Article
Authors: Bădică, Ameliaa | Bădică, Costinb; * | Ivanović, Mirjanac | Logofătu, Doinad
Affiliations: [a] University of Craiova, Faculty of Economics and Business Administration, Craiova, Romania | [b] University of Craiova, Faculty of Automation, Computers and Electronics, Craiova, Romania | [c] University of Novi Sad, Faculty of Sciences, Novi Sad, Serbia | [d] Frankfurt University of Applied Sciences, Frankfurt am Main, Germany
Correspondence: [*] Corresponding author. Costin Bădică, University of Craiova, Faculty of Automation, Computers and Electronics, Decebal 107, 200440, Craiova, Romania. E-mail: [email protected].
Abstract: We analyze intermediation business processes that enable companies to use multiple distribution channels for expanding their market horizon of potential customers that are interested in purchasing their products and/or services. These distribution channels are represented by sequences of intermediation transactions supported by usually self-interested middle-agents that enable the connection of the providers with the end costumers. We propose a new formal model of network-structured intermediation business processes represented as Directed-Acyclic-Graphs. Using this model we obtained sound theoretical results of collectively profitable intermediation transactions. This paves the way for further proposal of optimal pricing strategies of the participating agents in semi-competitive environments.
Keywords: Welfare economics, intermediation networks, collective intelligence, multi-agent system, graph theory, linear algebra
DOI: 10.3233/JIFS-179345
Journal: Journal of Intelligent & Fuzzy Systems, vol. 37, no. 6, pp. 7357-7368, 2019
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