Multiagent systems: a modern approach to distributed artificial intelligence
Multiagent systems: a modern approach to distributed artificial intelligence
Strategic negotiation in multiagent environments
Strategic negotiation in multiagent environments
Introduction to Multiagent Systems
Introduction to Multiagent Systems
On Agent-Mediated Electronic Commerce
IEEE Transactions on Knowledge and Data Engineering
Coordinating Multiple Concurrent Negotiations
AAMAS '04 Proceedings of the Third International Joint Conference on Autonomous Agents and Multiagent Systems - Volume 3
A heuristic model for concurrent bi-lateral negotiations in incomplete information settings
IJCAI'03 Proceedings of the 18th international joint conference on Artificial intelligence
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Buyers always want to obtain goods at the lowest price. To achieve this, a buyer agent can have multiple concurrent negotiations with all the sellers. It is obvious that when the buyer obtains a new low offer from one of the sellers during negotiation, the buyer should have more bargaining power in negotiating with other sellers, as other sellers should offer a even lower price in order to make a deal. In this way, the concurrent negotiations mutually influence one another. In this paper, we present an algorithm to enable mutual influence among multiple concurrent negotiations. We show that the outcome of this algorithm is in Nash equilibrium when we model and analyze the negotiation as a game.