Title :
Develop an adapted coordination strategy for negotiation in a buyer-driven e-marketplace
Author :
Rau, Hsin ; Chen, Chao-Wen ; Shiang, Wei-jung ; Lin, Chiuhsiang Joe
Author_Institution :
Dept. of Ind. Eng., Chung Yuan Christian Univ., Chungli
Abstract :
Automated negotiation by autonomous agents has become increasingly popular in the e-marketplace. This paper develops a new coordination strategy that integrates two common strategies: the desperate and patient strategies for the negotiation between one buyer and many suppliers. With our examples, we show that our proposed strategy can reduce negotiation time and find the best utility. We believe that our strategy can provide a good operation mechanism for the negotiation in the e-marketplace.
Keywords :
cooperative systems; electronic commerce; adapted coordination strategy; automated negotiation; autonomous agents; buyer-driven e-marketplace; desperate strategies; patient strategies; Autonomous agents; Chaos; Companies; Counting circuits; Cybernetics; Electronic commerce; Industrial engineering; Machine learning; Proposals; Yarn; Coordination strategy; Negotiation; One-to-many negotiation;
Conference_Titel :
Machine Learning and Cybernetics, 2008 International Conference on
Conference_Location :
Kunming
Print_ISBN :
978-1-4244-2095-7
Electronic_ISBN :
978-1-4244-2096-4
DOI :
10.1109/ICMLC.2008.4620962
