Title
Expectation of trading agent behaviour in negotiation of electronic marketplace
Abstract
Electronic Commerce has been a very significant commercial phenomenon in recent years, and autonomous agents are widely adopted by business or individuals in electronic marketplaces to fulfill time consuming tasks in trading. Agent negotiation mechanisms are usually applied between conflicted agents in order to reach a mutually beneficial agreement. Prediction of trading agents' strategies and behaviours in negotiation is a very significant research topic in agent negotiation. By employing the prediction results on opponents' possible strategies and behaviours during a negotiation, trading agents can plan and perform corresponding strategies in order to maximize their own profits. Significant achievements have been made on this topic. However, most existing approaches are based on machine learning mechanisms, which may fail to capture opponents' behaviours in open and dynamic electronic marketplaces. In this paper, two agent behaviour expectation approaches are introduced to help trading agents to capture opponents' potential behaviours during a negotiation in complex e-marketplaces. i The regression analysis approach focuses on illustrating the main trends of opponents' trading behaviours; ii the vector analysis approach pays more attention to identifying opponents' detailed negotiation strategies. The experimental results show the efficiency and efficacy of the two proposed approaches in open and dynamic negotiation environments.
Year
DOI
Venue
2012
10.3233/WIA-2012-0230
Web Intelligence and Agent Systems
Keywords
Field
DocType
electronic marketplace,trading agent behaviour,detailed negotiation strategy,significant commercial phenomenon,significant achievement,trading behaviour,autonomous agent,agent behaviour expectation approach,agent negotiation,agent negotiation mechanism,dynamic negotiation environment,trading agent,behaviour,expectation,negotiation,electronic,agent
Autonomous agent,Computer science,Knowledge management,Phenomenon,Profit (economics),Negotiation
Journal
Volume
Issue
Citations 
10
1
0
PageRank 
References 
Authors
0.34
25
3
Name
Order
Citations
PageRank
Fenghui Ren115320.05
Minjie Zhang225530.01
John Fulcher3397.62