Cooperative Multi-Attribute Bilateral Online Negotiation for E-Commerce
Conference Proceeding Article
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.
Databases and Information Systems | Numerical Analysis and Scientific Computing
Data Management and Analytics
International Workshop of Internet Bots: Systems and Applications (INBOSA 2001), in conjunction with 12th International Conference on Database and Expert System Applications (DEXA'2001)
City or Country
Munich, Germany, Springer Verlag Verlag, Sep 3
ZHAO, Lei; NG, Wee-Keong; and LIM, Ee Peng.
Cooperative Multi-Attribute Bilateral Online Negotiation for E-Commerce. (2001). International Workshop of Internet Bots: Systems and Applications (INBOSA 2001), in conjunction with 12th International Conference on Database and Expert System Applications (DEXA'2001). Research Collection School Of Information Systems.
Available at: http://ink.library.smu.edu.sg/sis_research/1004