Concurrent bilateral negotiation for open e-markets: The Conan strategy
Autor: | Bedour Alrayes, Kostas Stathis, Özgür Kafalı |
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Jazyk: | angličtina |
Rok vydání: | 2017 |
Předmět: |
Knowledge management
business.industry media_common.quotation_subject 02 engineering and technology Adversary Human-Computer Interaction Negotiation Resource (project management) Artificial Intelligence Hardware and Architecture Software agent 020204 information systems 0202 electrical engineering electronic engineering information engineering Perfect competition 020201 artificial intelligence & image processing Business Market environment QA76.76.E95 Software Information Systems media_common |
ISSN: | 0219-1377 |
Popis: | We develop a novel strategy that supports software agents to make decisions on how to negotiate for a resource in open and dynamic e-markets. Although existing negotiation strategies offer a number of sophisticated features, including modelling an opponent and negotiating with many opponents simultaneously, they abstract away from the dynamicity of the market and the model that the agent holds for itself in terms of ongoing negotiations, thus ignoring information that increases an agent’s utility. Our proposed strategy COncurrent Negotiating AgeNts (Conan) considers a weighted combination of modelling the market environment and the progress of concurrent negotiations in which the agent partakes. We conduct extensive experiments to evaluate the strategy’s performance in various settings where different opponents from the literature provide a competitive market. Our experiments provide statistically significant results showing how Conan outperforms the state-of-the-art in terms of the utility gained during negotiations. |
Databáze: | OpenAIRE |
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