Rule-Based Automated Price Negotiation: Overview and Experiment | Zendy

Costin Bădică | Zendy; Maria Ganzha | Zendy; Marcin Paprzycki | Zendy

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Rule-Based Automated Price Negotiation: Overview and Experiment

Author(s) -

Costin Bădică,

Maria Ganzha,

Marcin Paprzycki

Publication year - 2006

Publication title -

lecture notes in computer science

Language(s) - English

Resource type - Book series

SCImago Journal Rank - 0.249

H-Index - 400

eISSN - 1611-3349

pISSN - 0302-9743

ISBN - 3-540-35748-3

DOI - 10.1007/11785231_110

Subject(s) - computer science , negotiation , common value auction , software , software engineering , software agent , state (computer science) , mechanism (biology) , artificial intelligence , operations research , programming language , microeconomics , political science , law , engineering , philosophy , epistemology , economics

The idea of automating e-commerce transactions attracted a lot of interest during the last years. Multi-agent systems are claimed to be one of promising software technologies for achieving this goal. In this paper we summarize state-of-the-art in rule-based approaches to automated negotiations and present initial experimental results with our own implementation of a rule-based price negotiation mechanism in a model e-commerce multi-agent system. The experimental scenario considers multiple buyer agents involved in multiple English auctions that are performed in parallel.

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