• DocumentCode
    3325701
  • Title

    Improve the plastic market efficiency by using consortium and negotiation agents for Small and Medium Enterprises

  • Author

    Alhazmi, Raid Mohsen ; Sungchul Hong

  • Author_Institution
    Comput. & Inf. Sci. (COSC), Towson Univ., Towson, MD, USA
  • fYear
    2013
  • fDate
    22-24 June 2013
  • Firstpage
    1
  • Lastpage
    6
  • Abstract
    With the development of the Internet and technology, the traditional market has become an electronic market, and the value of trading has become more than a traditional market. The Small and Medium Enterprises (SMEs) e-commerce has been growing rapidly and more businesses have used the e-commerce for selling and buying goods or services. Consequently, most of the plastic e-marketplaces only allow the large companies to search the product and then contact the other large companies by email or phone. The e-marketplace needs automated or intelligent agents; 1) in order to automated purchasing consortium among the SMEs, 2) in order to conduct automated negotiations between the buyers and the seller. However, this paper implements an automated consortium agent among buyers to build a consortium for SMEs and automated negotiation agent allows SMEs and/or large Enterprises (LEs) to negotiate with the seller. Also, the efficiency of the simulated system in the plastic market is demonstrated by a series of simulations in which the result is negotiation between SMEs with the seller and LE with the seller.
  • Keywords
    Internet; electronic commerce; electronic trading; multi-agent systems; small-to-medium enterprises; Internet; SME; automated consortium agent; automated negotiation agent; e-commerce; e-marketplace; electronic market; electronic trading; intelligent agent; plastic market efficiency; small-and-medium enterprises; Computers; Consumer electronics; Contracts; Dynamic scheduling; Educational institutions; Plastics; Consortium; Consortium process; Multi-agent system; Negotiation; Plastic market; e-marketplace; intelligent agent;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computer and Information Technology (WCCIT), 2013 World Congress on
  • Conference_Location
    Sousse
  • Print_ISBN
    978-1-4799-0460-0
  • Type

    conf

  • DOI
    10.1109/WCCIT.2013.6618742
  • Filename
    6618742