Formal Modeling of Agent-Based English Auctions Using Finite State Process Algebra

  • Authors:
  • Amelia Bădică;Costin Bădică

  • Affiliations:
  • University of Craiova, Bvd.Decebal 107, Craiova, 200440, Romania;University of Craiova, Bvd.Decebal 107, Craiova, 200440, Romania

  • Venue:
  • KES-AMSTA '07 Proceedings of the 1st KES International Symposium on Agent and Multi-Agent Systems: Technologies and Applications
  • Year:
  • 2007

Quantified Score

Hi-index 0.00

Visualization

Abstract

The vision of global agent-based e-commerce environments that enable dynamic trading between business partners requires the study and development of suitable formal modeling frameworks. In particular, negotiation is a necessary and important activity to allow engagement of business parties in non-trivial business relationships. In this note we propose a formal framework using finite state process algebrafor modeling and analysis of agent-based negotiations, with a focus on a particular price negotiation --- English auction.