DocumentCode :
878529
Title :
Evolving Fuzzy Rules for Relaxed-Criteria Negotiation
Author :
Sim, Kwang Mong
Author_Institution :
Hong Kong Baptist Univ., Kowloon
Volume :
38
Issue :
6
fYear :
2008
Firstpage :
1486
Lastpage :
1500
Abstract :
In the literature on automated negotiation, very few negotiation agents are designed with the flexibility to slightly relax their negotiation criteria to reach a consensus more rapidly and with more certainty. Furthermore, these relaxed-criteria negotiation agents were not equipped with the ability to enhance their performance by learning and evolving their relaxed-criteria negotiation rules. The impetus of this work is designing market-driven negotiation agents (MDAs) that not only have the flexibility of relaxing bargaining criteria using fuzzy rules, but can also evolve their structures by learning new relaxed-criteria fuzzy rules to improve their negotiation outcomes as they participate in negotiations in more e-markets. To this end, an evolutionary algorithm for adapting and evolving relaxed-criteria fuzzy rules was developed. Implementing the idea in a testbed, two kinds of experiments for evaluating and comparing EvEMDAs (MDAs with relaxed-criteria rules that are evolved using the evolutionary algorithm) and EMDAs (MDAs with relaxed-criteria rules that are manually constructed) were carried out through stochastic simulations. Empirical results show that: 1) EvEMDAs generally outperformed EMDAs in different types of e-markets and 2) the negotiation outcomes of EvEMDAs generally improved as they negotiated in more e-markets.
Keywords :
economics; electronic commerce; evolutionary computation; fuzzy logic; negotiation support systems; stochastic programming; EvEMDA; e-markets; evolutionary algorithm; evolutionary computational economics; fuzzy rules; market-driven negotiation agents; relaxed-criteria negotiation agents; relaxing bargaining criteria; stochastic simulations; Adaptive agent; automated negotiation; evolutionary algorithm; evolutionary computational economics; fuzzy decision controller (FDC); intelligent agent; negotiation agent; Algorithms; Artificial Intelligence; Computer Simulation; Decision Support Techniques; Fuzzy Logic; Game Theory; Models, Theoretical; Negotiating; Pattern Recognition, Automated;
fLanguage :
English
Journal_Title :
Systems, Man, and Cybernetics, Part B: Cybernetics, IEEE Transactions on
Publisher :
ieee
ISSN :
1083-4419
Type :
jour
DOI :
10.1109/TSMCB.2008.928210
Filename :
4637292
Link To Document :
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