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Dynamic strategies for agent based automated negotiation in E-Commerce

  • Ke Xing Liu*
  • , Yu Qiang Feng
  • , Shao Bin Dong
  • *Corresponding author for this work
  • School of Management, Harbin Institute of Technology

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Agent based automated negotiation can gives a flexible price and can be seen as an ideal and efficient mechanism in the E-Comrnerce. However, most of them using static strategies that were given by the developers. This may lead to some losing in a bargain, because the agents may act simplistically and awkwardly. After give a survey of agent based automated negotiation in E-Commerce, three approaches in this domain and some famous models are discussed. And then present an automated negotiation model with dynamic strategies. This model, with time constraints and incomplete information, give agents ability to change their strategies dynamically during a bargain. It can maximize the payoffs of both sellers and buyers in the E-Commerce, since the agents with dynamic strategies can get more than those who use a fixed strategy only.

Original languageEnglish
Title of host publicationProceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages168-173
Number of pages6
ISBN (Print)9787883580805
DOIs
StatePublished - 2007
Externally publishedYes
Event2007 International Conference on Management Science and Engineering, ICMSE'07 - Harbin, China
Duration: 20 Aug 200722 Aug 2007

Publication series

NameProceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)

Conference

Conference2007 International Conference on Management Science and Engineering, ICMSE'07
Country/TerritoryChina
CityHarbin
Period20/08/0722/08/07

Keywords

  • Agent
  • Automated negotiation
  • Dynamic strategy
  • E-commerce

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