• DocumentCode
    2756603
  • Title

    Belief Based Distributed Buyer Coalition Formation with Non-transferable Utility

  • Author

    Chan, Chi-Kong ; Leung, Ho-fung

  • Author_Institution
    Chinese Univ. of Hong Kong, Hong Kong
  • fYear
    2008
  • fDate
    21-24 July 2008
  • Firstpage
    60
  • Lastpage
    67
  • Abstract
    Online buyer coalition formation problem is an application of e-commerce and distributed agent technology. So far, most works in this topic are social utility based approaches, which assume the agents´ utilities to be transferable and publicly known. However, such assumptions are not valid in many software agents applications where agents beliefs are private, and stability is often a more important concept than social utility. In this paper, we study the problem from a private-belief based non-transferable utility approach: instead of social utility maximization, our focus is on achieving stable solutions in term of the core, b-core and Pareto efficiency; instead of assuming common knowledge, we assume the agents´ actions to be based on fallible private beliefs. We then propose a distributed mechanism where agents are allowed to propose incremental improvements toward a stable solution. We show by experiment that our mechanism is able to reach core stable solutions in over 97% of the cases, and b-core stable solution in almost of all cases that we tested.
  • Keywords
    electronic commerce; Pareto efficiency; belief based distributed buyer coalition formation; distributed agent technology; e-commerce; nontransferable utility; private-belief based non-transferable utility approach; Aggregates; Application software; Cameras; Distributed computing; Genetic algorithms; Marketing and sales; Multiagent systems; Software agents; Stability; Testing; Agent Beliefs; Coalition Formation; Non-transferable Utility Games;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    E-Commerce Technology and the Fifth IEEE Conference on Enterprise Computing, E-Commerce and E-Services, 2008 10th IEEE Conference on
  • Conference_Location
    Washington, DC
  • Print_ISBN
    978-0-7695-3340-7
  • Type

    conf

  • DOI
    10.1109/CECandEEE.2008.133
  • Filename
    4785048