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A Study on the Ways to Promote off-Line Electronic Micro-Payment using Transportation Cards - Focusing on the Analysis of Strategic Cooperation Model using Game Theory


Affiliations
1 Department of Knowledge Service and Consulting, Hansung University, Korea, Republic of
2 Division of Knowledge Service and Consulting, Hansung University, Korea, Republic of
3 Department of Computer Engineering, Hansung University, Korea, Republic of
 

Background/Objectives: The purpose of this study is to clarify why strategic cooperation model is needed in the electronic micro payment business. And it provides the ways to promote off-line electronic micro payment using transportation cards. Methods/Statistical Analysis: This paper used two-by-two games to compare with each pay-off matrix. Findings: This study was to investigate the reason using the game theory why both of the stakeholders do not obtain a satisfactory conclusion easily in bilateral trade and also proved in order for the deadlock to be resolved having a tripartite cooperation including new stakeholders could be suggested as a solution Application/Improvements: This study was significant in that it presented a model to promote electronic micro-payment market by applying game theory in the area of electronic micro-payment.

Keywords

Electronic Payment Method, Game Theory, Pay-Off Dominance, Strategic Cooperation Model, Transportation Card, Wireless Internet.
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  • A Study on the Ways to Promote off-Line Electronic Micro-Payment using Transportation Cards - Focusing on the Analysis of Strategic Cooperation Model using Game Theory

Abstract Views: 195  |  PDF Views: 0

Authors

Ki Ho Kim
Department of Knowledge Service and Consulting, Hansung University, Korea, Republic of
YenYoo You
Division of Knowledge Service and Consulting, Hansung University, Korea, Republic of
Seok Kee Lee
Department of Computer Engineering, Hansung University, Korea, Republic of

Abstract


Background/Objectives: The purpose of this study is to clarify why strategic cooperation model is needed in the electronic micro payment business. And it provides the ways to promote off-line electronic micro payment using transportation cards. Methods/Statistical Analysis: This paper used two-by-two games to compare with each pay-off matrix. Findings: This study was to investigate the reason using the game theory why both of the stakeholders do not obtain a satisfactory conclusion easily in bilateral trade and also proved in order for the deadlock to be resolved having a tripartite cooperation including new stakeholders could be suggested as a solution Application/Improvements: This study was significant in that it presented a model to promote electronic micro-payment market by applying game theory in the area of electronic micro-payment.

Keywords


Electronic Payment Method, Game Theory, Pay-Off Dominance, Strategic Cooperation Model, Transportation Card, Wireless Internet.



DOI: https://doi.org/10.17485/ijst%2F2016%2Fv9i24%2F134591