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- W2365781750 abstract "A bipartite matching problem of electronic brokerage is discussed in case each and every one of several buyers/sellers wants to buy/sell a second-hand vehicle. A multi-objective apportion model is therefore developed, of which the two objectives are to maximize the gross volume of trade and total trade surplus, supposing that the clearing price is just the mid-value of bid price and offering price. This multi-objective model is solved through weighted method. A simulation is made to compare broker's commision and change in trade surplus from two aspects: taking account of both the objectives simultaneously and one of them only, i.e., to maximize the gross volume of trade. A conclusion is reached through computation that taking account of the former is more gainful, i.e., the gross volume of trade will decrease by about 12%, while the total trade surplus will increase by about 88%. Moreover the brokerage rate will increase to 2.27% from 2% if broker's commission remains unchanged." @default.
- W2365781750 created "2016-06-24" @default.
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- W2365781750 date "2005-01-01" @default.
- W2365781750 modified "2023-09-23" @default.
- W2365781750 title "Matching Problem of Electronic Brokerage in Second-Hand Vehicle Trade" @default.
- W2365781750 hasPublicationYear "2005" @default.
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