https://doi.org/10.1140/epjb/e2009-00315-0
The role of a matchmaker in buyer-vendor interactions
Physics Department, University of Fribourg,
Pérolles, 1700 Fribourg, SwitzerlandLab of Information
Economy and Internet Research, University of Electronic Science
and Technology of China, 610054, Chengdu, P.R. China
Corresponding author: a matus.medo@unifr.ch
Received:
15
January
2009
Revised:
3
July
2009
Published online:
26
September
2009
We consider a simple market where a vendor offers multiple variants of a certain product and preferences of both the vendor and potential buyers are heterogeneous and possibly even antagonistic. Optimization of the joint benefit of the vendor and the buyers turns the toy market into a combinatorial matching problem. We compare the optimal solutions found with and without a matchmaker, examine the resulting inequality between the market participants, and study the impact of correlations on the system.
PACS: 89.65.Gh – Economics; econophysics, financial markets, business and management / 89.75.-k – Complex systems
© EDP Sciences, Società Italiana di Fisica, Springer-Verlag, 2009