• DocumentCode
    3228721
  • Title

    An Attitude-adaptation Negotiation Strategy in Electronic Market Environments

  • Author

    Ji, Shujuan ; Liang, Yongquan ; Xiao, Xingpeng ; Li, Jixue ; Tian, Qijia

  • Author_Institution
    Shandong Univ. of Sci. & Technol., Qingdao
  • Volume
    3
  • fYear
    2007
  • fDate
    July 30 2007-Aug. 1 2007
  • Firstpage
    125
  • Lastpage
    130
  • Abstract
    The automatization of electronic commerce negotiation has become the focus of more and more attention. As one of the core of automated negotiation, strategy is the method employed by agents to maximize their own benefits. The design of negotiation strategy is affected by lots of factors, such as negotiation deadline, the type of resources, the characteristics of opponents, the numbers of competitors, etc. Though lots of work have been done on negotiation strategy, there still lack a uniform strategy framework. In this paper, a general description framework for multi- agent negotiation is proposed. Then solutions to the decision models are given and the existence of the Nash equilibrium in agents´ attitude selection at the beginning of negotiations is analyzed. To enable agents to adapt their attitudes according to negotiation duration, the supply and demand ratio, and the characteristics of opponent, we introduce an adaptation function. This function is constructed on the basis of a history-based learning algorithm. Furthermore, the attitude-adaptation strategy and the fixed-attitude strategies are compared by simulation.
  • Keywords
    electronic commerce; learning (artificial intelligence); market opportunities; Nash equilibrium; attitude-adaptation negotiation strategy; electronic commerce; electronic market environments; history-based learning; Business; Consumer electronics; Educational institutions; Electronic commerce; Game theory; Genetic algorithms; Internet; Nash equilibrium; Proposals; Supply and demand;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Software Engineering, Artificial Intelligence, Networking, and Parallel/Distributed Computing, 2007. SNPD 2007. Eighth ACIS International Conference on
  • Conference_Location
    Qingdao
  • Print_ISBN
    978-0-7695-2909-7
  • Type

    conf

  • DOI
    10.1109/SNPD.2007.26
  • Filename
    4287836