Abstract

http://ssrn.com/abstract=1075742
 
 

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Enabling Global Price Comparison through Semantic Integration of Web Data


Hongwei (Harry) Zhu


University of Massachusetts Lowell; Massachusetts Institute of Technology (MIT); Old Dominion University

Stuart Madnick


Massachusetts Institute of Technology (MIT) - Sloan School of Management

Michael Siegel


Massachusetts Institute of Technology (MIT) - Sloan School of Management

December 2007

MIT Sloan Research Paper No. 4673-07

Abstract:     
Sell Globally and Shop Globally have been seen as a potential benefit of web-enabled electronic business. One important step toward realizing this benefit is to know how things are selling in various parts of the world. A global price comparison service would address this need. But there have not been many such services. In this paper, we use a case study of global price dispersion to illustrate the need and the value of a global price comparison service. Then we identify and discuss several technology challenges including semantic heterogeneity, in providing a global price comparison service. We propose a mediation architecture to address the semantic heterogeneity problem, and demonstrate the feasibility of the proposed architecture by implementing a prototype that enables global price comparison using data from web sources in several countries.

Number of Pages in PDF File: 27

Keywords: Global Price Comparison, Shopbots, Context, Semantic Data

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Date posted: December 19, 2007  

Suggested Citation

Zhu, Hongwei (Harry) and Madnick, Stuart and Siegel, Michael, Enabling Global Price Comparison through Semantic Integration of Web Data (December 2007). MIT Sloan Research Paper No. 4673-07. Available at SSRN: http://ssrn.com/abstract=1075742 or http://dx.doi.org/10.2139/ssrn.1075742

Contact Information

Hongwei Zhu (Contact Author)
University of Massachusetts Lowell ( email )
United States
Massachusetts Institute of Technology (MIT) ( email )
Cambridge, MA 02139
United States
HOME PAGE: http://web.mit.edu/~mrzhu
Old Dominion University ( email )
Norfolk, VA 23529
United States
757-683-5175 (Phone)
HOME PAGE: http://www.odu.edu/~hzhu
Stuart E. Madnick
Massachusetts Institute of Technology (MIT) - Sloan School of Management ( email )
E53-321
Cambridge, MA 02142
United States
617-253-6671 (Phone)
617-253-3321 (Fax)
Michael Siegel
Massachusetts Institute of Technology (MIT) - Sloan School of Management ( email )
E53-323
Cambridge, MA 02142
United States
617-253-2937 (Phone)
617-258-7579 (Fax)
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