Managing commitments in multiple concurrent negotiations
OA Location
Author(s)
Nguyen, TD
Jennings, NR
Type
Journal Article
Abstract
Automated negotiations by software agents is a key enabling technology for agent mediated e-commerce. To this end, this paper considers an important class of such negotiations - namely those in which an agent engages in multiple concurrent bilateral negotiations for a good or service. In particular, we consider the situation in which a buyer agent is looking for a single service provider from a number of available ones in its environment. By bargaining similtaneously with these providers and interleaving partial agreements that it makes with them, a buyer can reach good deals in an efficient manner. However, a key problem in such encounters is managing commitments since an agent may want to make intermediate deals (so that it had a definite agreement) with other agents before it gets to finalize a deal at the end of the encounter. To do this effectively, however, the agents need to have a flexible model of commitments that they can reason about in order to determine when to commit and to decommit. This paper provides and evaluates such a commitment model and integrates it into a concurrent negotiation model.
Date Issued
2005
Citation
International Journal Electronic Commerce Research and Applications, 2005, 4, pp.362-376
Start Page
362
End Page
376
Journal / Book Title
International Journal Electronic Commerce Research and Applications
Volume
4
Identifier
http://eprints.soton.ac.uk/260817/
Subjects
Social Sciences
Science & Technology
Technology
Business
Computer Science, Information Systems
Computer Science, Interdisciplinary Applications
Business & Economics
Computer Science
BUSINESS
COMPUTER SCIENCE, INFORMATION SYSTEMS
COMPUTER SCIENCE, INTERDISCIPLINARY APPLICATIONS
agents
automated negotiation
commitments
concurrent negotiation
AGENTS
Information Systems
0806 Information Systems
1402 Applied Economics
Article Number
4