Multi-agent coalition via autonomous price negotiation in a real-time Web environment

• Main Authors: LAU, Hoong Chuin, LIM, Wei Sian
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2003
• Subjects: multiagent coalition; autonomous price negotiation; real-time Web environment; e-marketplace; job request; protocol; self-interested agents; information sharing; Artificial Intelligence and Robotics; Business; Operations Research, Systems Engineering and Industrial Engineering
• Online Access: https://ink.library.smu.edu.sg/sis_research/1124; https://ink.library.smu.edu.sg/context/sis_research/article/2123/viewcontent/IAT_2003.pdf
• Institution: Singapore Management University

In e-marketplaces, customers specify job requests in real-time and agents form coalitions to service them. This paper proposes a protocol for self-interested agents to negotiate prices in forming successful coalitions. We propose and experiment with two negotiation schemes: one allows information sh...