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Modeling e-Procurement as Co-adaptive Matchmaking with Mutual Relevance Feedback

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Intelligent Agents and Multi-Agent Systems (PRIMA 2004)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 3371))

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Abstract

This paper proposes a new e-procurement model for a large number of buyers and sellers interacting via the Internet. The goal of e-procurement is to create a satisfactory match between buyers’ demand and sellers’ supply. From our real-world experience, we view e-procurement as a process of negotiation to increase the matching quality of two corresponding specifications: one for buyers’ demand and another for sellers’ supply. To model scalable e-procurement, we propose a co-adaptive matchmaking mechanism using mutual relevance feedback. In order to understand the nature of the mechanism, we have developed two types of software agents, called e-buyers and e-sellers, to simulate human buyers and sellers. Multiagent simulation results show that the matching quality is incrementally improved if agents adaptively change their specifications. A realistic example is also provided to discuss how to extend our simulation to real-world e-procurement infrastructure.

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Hishiyama, R., Ishida, T. (2005). Modeling e-Procurement as Co-adaptive Matchmaking with Mutual Relevance Feedback. In: Barley, M.W., Kasabov, N. (eds) Intelligent Agents and Multi-Agent Systems. PRIMA 2004. Lecture Notes in Computer Science(), vol 3371. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-32128-6_6

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  • DOI: https://doi.org/10.1007/978-3-540-32128-6_6

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-25340-2

  • Online ISBN: 978-3-540-32128-6

  • eBook Packages: Computer ScienceComputer Science (R0)

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