• DocumentCode
    1979206
  • Title

    Fuzzy agents bargaining at a farmer´s market

  • Author

    Syed, W.U.

  • Author_Institution
    Dept. of Electr. Eng., Univ. of Southern California, Los Angeles, CA, USA
  • fYear
    2003
  • fDate
    24-26 July 2003
  • Firstpage
    450
  • Lastpage
    455
  • Abstract
    Computational models of the bargaining process at a farmers´ market require modeling subjective preferences of the buyers and sellers and their subjective assessments of the produce. The proposed fuzzy agents based model employs a number of fuzzy inference systems modeled as Standard Additive Models that perform the subjective decision making for the agents. Survey results of different vendors and customers at different farmers´ markets provide the rule base coded in these fuzzy expert systems. The results show a steady convergence to a bargain weighted towards the greedier of the two players. Repeated simulations with the proposed model of varying buyers, sellers and the produce indicate that fuzzy agents can model bargaining at a farmers´ market.
  • Keywords
    decision making; expert systems; fuzzy systems; game theory; inference mechanisms; marketing; bargaining process; decision making; farmers market; fuzzy agents based model; fuzzy expert systems; fuzzy inference systems; rule base code; standard additive models; Computational modeling; Convergence; Costs; Decision making; Fuzzy systems; Hybrid intelligent systems; Nash equilibrium; Pricing; Production; Uncertainty;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Fuzzy Information Processing Society, 2003. NAFIPS 2003. 22nd International Conference of the North American
  • Print_ISBN
    0-7803-7918-7
  • Type

    conf

  • DOI
    10.1109/NAFIPS.2003.1226827
  • Filename
    1226827