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

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

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...

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Bibliographic Details
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
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Institution: Singapore Management University
Language: English
Description
Summary: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 sharing while the other does not.

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