Computational Challenges in E-Commerce

Some of the significant challenges that need to be resolved for improving computation in Internet-based commerce or e-commerce. Resource allocation, knowledge integration, peer production and interaction, and security and privacy issues are significant challenges that need special attention for improving computation. Allocating resources involves that a participants declare their perceived value for the resources and the market computes the best allocation and price that a participants need to pay. The knowledge integration can be defined as the aggregation of information from diverse and frequently self-interested sources. Peer production and interaction involves large-scale collaboration of artifacts of information like Wikipedia and Linux. Service providers need to take effective measures to provide security and privacy for digital content distribution.