A Multidimensional Dynamic Regulation Model for E-Marketplaces: DYNEX

Abstract

Abstract:The lack of dynamic double-side regulation models forE-Marketplaces is a main reason for their lack of success as advanced open trading places.In this paper, a new model -DYNEX -is developed to generate homogeneous markets of goods or services and to optimize for each homogeneous market the trading price and the negotiation process between buyers and sellers.