Title :
Buyer-supplier negotiation by fuzzy logic based agents
Author :
Cheng, Chi-Bin ; Chan, Chu-Chai Henry ; Lin, Cheng-Chuan
Author_Institution :
Dept. of Ind. Eng. & Manage., Chaoyang Univ. of Technol., Taichung, Taiwan
Abstract :
Automated negotiation between buyers and suppliers has become increasingly important since the advent of the e-marketplace. In this study, automated negotiation by software agents is investigated. The negotiation tactics of an agent are formulated based on the concept of issue trade-offs and are presented as fuzzy rules. A simple heuristic is employed to learn the opponent´s preference structure in the negotiation process. Initial experimental results are provided.
Keywords :
electronic commerce; fuzzy logic; marketing; multi-agent systems; software agents; agent negotiation tactics; buyer-supplier negotiation; e-marketplace; fuzzy logic based agents; fuzzy rules; software agents; Chaos; Contracts; Engineering management; Face recognition; Fuzzy logic; Humans; Industrial engineering; Internet; Software agents; Technology management;
Conference_Titel :
Information Technology and Applications, 2005. ICITA 2005. Third International Conference on
Print_ISBN :
0-7695-2316-1
DOI :
10.1109/ICITA.2005.91
