Title :
Decision processes in agent-based automated contracting
Author :
Collins, John ; Bilot, Corey ; Gini, Maria ; Mobasher, Bamshad
Author_Institution :
Dept. of Comput. Sci., Minnesota Univ., MN, USA
Abstract :
The Magnet system meets many of the challenges of modeling decision making for customer agents in automated contract negotiation. In order to model decision making in the uncertain environment of contract negotiation, we use the Expected Utility Theory. We describe that theory, followed by more detailed descriptions of the customer agents´ key decision-making processes and our search algorithm. First, we offer an overview of the Magnet environment
Keywords :
Internet; contracts; electronic commerce; information resources; negotiation support systems; software agents; Expected Utility Theory; Magnet system; agent-based automated contracting; automated contract negotiation; contract negotiation; customer agents; decision making; decision processes; key decision-making processes; search algorithm; uncertain environment; Assembly; Contracts; Costs; Decision making; Job shop scheduling; Magnetic domains; Manufacturing automation; Ontologies; Protocols; Statistics;
Journal_Title :
Internet Computing, IEEE
DOI :
10.1109/4236.914649