Cooperative multi-attribute bilateral online negotiation for e-commerce

Publication Type

Conference Proceeding Article

Publication Date

9-2001

Abstract

Currently, fixed-price sale and online auction are two major sale modes in the applied electronic commerce systems. Bilateral negotiation does not yet have a satisfying performance in the Internet-based transactions. In this paper, the time-independent feature of online negotiations is emphasized. Correspondingly, a formal mathematical model of online negotiation is established. We also present a flexible and feasible bilateral negotiation protocol which is used in an agent-based cooperative negotiation. The protocol guarantees that any achieved deal is a Pareto optimal result. In addition, an improved approach to make the negotiating process rapidly converge on a deal is discussed in the paper.

Discipline

Databases and Information Systems | Numerical Analysis and Scientific Computing

Publication

International Workshop of Internet Bots: Systems and Applications (INBOSA 2001), in conjunction with 12th International Conference on Database and Expert System Applications (DEXA'2001)

Identifier

10.1109/DEXA.2001.953140

Publisher

IEEE

City or Country

Munich, Germany, Springer Verlag Verlag, Sep 3

Additional URL

http://doi.ieeecomputersociety.org/10.1109/DEXA.2001.953140

Link to Full Text

Share

COinS