Skip to main content

A Market-Based Multi-Issue Negotiation Model Considering Multiple Preferences in Dynamic E-Marketplaces

  • Conference paper
Book cover Principles of Practice in Multi-Agent Systems (PRIMA 2009)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 5925))

Abstract

Electronic commerce has been a significant commercial phenomenon in recent years and autonomous agents have made the advantages of e-markets more distinct. However, as e-market environments become open and dynamic, existing agent negotiation approaches expose some limitations. Static negotiation strategies and offer evaluation approaches might fail to capture dynamic changes of market situations, as well as changes of negotiators’ expectations on negotiation outcomes. When market situations change, agents may need modify their negotiation strategies, expectations and criteria on offer evaluations as well as counter-offer generations in order to maximize their profits. Furthermore, in multi-issue negotiations, agents may have multiple preferences, which might not be delivered by most of existing negotiation approaches. In this paper, we propose a market-based multi-issue negotiation model to capture the dynamic changes of negotiation environments and impacts on negotiation strategies, counter-offer generations and offer evaluations. Also, the proposed model allows negotiators to deliver multiple offers to match their different preferences and negotiators would have more chances to reach agreements. Experimental results illustrate improvements of the proposed model on negotiators’ utilities and efficiencies of the whole negotiation system by comparing with the performance of NDF negotiation model.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Lai, G., Sycara, K., Li, C.: A Pareto Optimal Model for Automated Multi-attribute Negotiations. In: 6th Int. Conf. on Autonomous Agents and Multi-Agent Systems (AAMAS 2007), pp. 1040–1042 (2007)

    Google Scholar 

  2. Fatima, S., Wooldridge, M., Jennings, N.: Approximate and Online Multi-Issue Negotiation. In: 6th Int. Conf. on Autonomous Agents and Multi-Agent Systems (AAMAS 2007), pp. 947–954 (2007)

    Google Scholar 

  3. Lai, G., Li, C., Sycara, K.: A General Model for Pareto Optimall Multi-Attribute Negotiations. In: 2nd Int. Workshop on Rational, Robust, and Secure Negotiations in Multi-Agent Systems (RRS 2006), pp. 55–76 (2006)

    Google Scholar 

  4. Hemaissia, M., Seghrouchni, A., Labreuche, C., Mattioli, J.: A Multilateral Multi-Issue Negotiation Protocol. In: 6th Int. Conf. on Autonomous Agents and Multiagent Systems (AAMAS 2007), pp. 939–946 (2007)

    Google Scholar 

  5. Fatima, S., Wooldridge, M., Jennings, N.: Multi-Issue Negotiation Under Time Constraints. In: 1st Int. Conf. on Autonomous Agents and Multi-Agent Systems (AAMAS 2002), pp. 143–150 (2002)

    Google Scholar 

  6. Fatima, S., Wooldridge, M., Jennings, N.: An Agenda-Based Framework for Multi-Issue Negotiation. Artificial Intelligence 152(1), 1–45 (2004)

    Article  MATH  MathSciNet  Google Scholar 

  7. Bosse, T., Jonker, C., Treur, J.: Experiments in Human Multi-Issue Negotiation: Analysis and Support. In: 3rd Int. Con. on Autonomous Agents and Multi-Agent Systems (AAMAS04), pp. 671–678. IEEE Computer Society, Los Alamitos (2004)

    Google Scholar 

  8. Fujita, K., Ito, T., Klein, M.: A Preliminary Result on A Representative-Based Multi-Round Protocol for Multi-Issue Negotiations. In: 7th Int. Conf. on Autonomous Agents and Multiagent Systems (AAMAS 2008), pp. 1573–1576 (2008)

    Google Scholar 

  9. Faratin, P., Sierra, C., Jennings, N.: Negotiation Decision Functions for Autonomous Agents. Journal of Robotics and Autonomous Systems 24(3-4), 159–182 (1998)

    Article  Google Scholar 

  10. Li, C., Sycara, K., Giampapa, J.: Dynamic Outside Options in Alternating-Offers Negotiations. In: 38th Annual Hawaii Int. Conf. on System Sciences (HICSS 2005), pp. 1–10 (2005)

    Google Scholar 

  11. Dasgupta, P., Hashimoto, Y.: Multi-Attribute Dynamic Pricing for Online Markets Using Intelligent Agents. In: 3rd Int. Conf. on Autonomous Agents and Multiagent Systems (AAMAS 2004), pp. 277–284 (2004)

    Google Scholar 

  12. Ren, F., Sim, K., Zhang, M.: Market-Driven Agents with Uncertain and Dynamic Outside Options. In: 6th Int. Conf. on Autonomous Agents and Multi-Agent Systems (AAMAS 2007), pp. 721–723 (2007)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2009 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Ren, F., Zhang, M., Miao, C., Shen, Z. (2009). A Market-Based Multi-Issue Negotiation Model Considering Multiple Preferences in Dynamic E-Marketplaces. In: Yang, JJ., Yokoo, M., Ito, T., Jin, Z., Scerri, P. (eds) Principles of Practice in Multi-Agent Systems. PRIMA 2009. Lecture Notes in Computer Science(), vol 5925. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-11161-7_1

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-11161-7_1

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-11160-0

  • Online ISBN: 978-3-642-11161-7

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics