Design of software agent-populated electronic negotiation system and evaluation of human --- to - agent negotiations

  • Authors:
  • Rustam Vahidov;Gregory E. Kersten

  • Affiliations:
  • InterNeg Research Centre, Concordia University, Montreal, Canada;InterNeg Research Centre, Concordia University, Montreal, Canada

  • Venue:
  • DESRIST'12 Proceedings of the 7th international conference on Design Science Research in Information Systems: advances in theory and practice
  • Year:
  • 2012

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Abstract

Negotiation is a flexible mechanism for facilitating effective economic exchanges. Electronic negotiations allow participants to negotiate online and use analytical support tools in making their decisions. Software agents offer the possibility of automating negotiation process using these tools. The purpose of this work is to make progress towards outlining design-theoretical principles for agent-enhanced negotiation systems (AENS). This paper describes an electronic marketplace named DIANA (Deal-making system Incorporating Agents in Negotiations and Auctions) that allows involving software agents in negotiations. It also presents the results of experiments in agent-to-human negotiations. Various types of agents have been configured and paired up with human counterparts for negotiating product sale. The paper discusses the results and presents a set of rules for the design of AENS.