Evaluating Resource Bundle Derivatives for Multi-agent Negotiation of Resource Allocation

  • Authors:
  • Lars Rasmusson

  • Affiliations:
  • -

  • Venue:
  • E-Commerce Agents, Marketplace Solutions, Security Issues, and Supply and Demand
  • Year:
  • 2001

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Abstract

Consider continuous negotiations where the goal is to obtain exactly one complete bundle of resources and there exists alternative bundles that solve the task. This paper presents a market-based model of this negotiation that does not require commitment and decommitment during the negotiation phase. A negotation goal is represented by a graph, called a resource network. Goals are achieved by obtaining resources along one path in the graph. The resource network model can be applied to electronic commerce with agents trading bandwidth in all-or-nothing deals, and for agents that want to combine simple goods into more complex goods.