Adaptive agents in a persistent shout double auction
Proceedings of the first international conference on Information and computation economies
An adaptive agent bidding strategy based on stochastic modeling
Proceedings of the third annual conference on Autonomous Agents
eMediator: a next generation electronic commerce server
AGENTS '00 Proceedings of the fourth international conference on Autonomous agents
ATTac-2000: an adaptive autonomous bidding agent
Proceedings of the fifth international conference on Autonomous agents
Economic dynamics of agents in multiple auctions
Proceedings of the fifth international conference on Autonomous agents
Proceedings of the first international joint conference on Autonomous agents and multiagent systems: part 1
Strategic sequential bidding in auctions using dynamic programming
Proceedings of the first international joint conference on Autonomous agents and multiagent systems: part 2
The eager bidder problem: a fundamental problem of DAI and selected solutions
Proceedings of the first international joint conference on Autonomous agents and multiagent systems: part 2
Decision procedures for multiple auctions
Proceedings of the first international joint conference on Autonomous agents and multiagent systems: part 2
A Dynamic Programming Model for Algorithm Design in Simultaneous Auctions
WELCOM '01 Proceedings of the Second International Workshop on Electronic Commerce
ATTac-2001: A Learning, Autonomous Bidding Agent
AAMAS '02 Revised Papers from the Workshop on Agent Mediated Electronic Commerce on Agent-Mediated Electronic Commerce IV, Designing Mechanisms and Systems
Automated Negotiation in Many-to-Many Markets for Imperfectly Substitutable Goods
AAMAS '02 Revised Papers from the Workshop on Agent Mediated Electronic Commerce on Agent-Mediated Electronic Commerce IV, Designing Mechanisms and Systems
The 2001 trading agent competition
Eighteenth national conference on Artificial intelligence
Emergent Properties of a Market-based Digital Library with Strategic Agents
ICMAS '98 Proceedings of the 3rd International Conference on Multi Agent Systems
Flexible Load Balancing in Distributed Information Agent Systems
Proceedings of the 9th ECCAI-ACAI/EASSS 2001, AEMAS 2001, HoloMAS 2001 on Multi-Agent-Systems and Applications II-Selected Revised Papers
A Manifesto for Agent Technology: Towards Next Generation Computing
Autonomous Agents and Multi-Agent Systems
Considering expected utility of future bidding options in bundle purchasing with multiple auctions
ICEC '04 Proceedings of the 6th international conference on Electronic commerce
ICEC '04 Proceedings of the 6th international conference on Electronic commerce
Towards Agent-Based Coalition Formation for Service Composition
IAT '06 Proceedings of the IEEE/WIC/ACM international conference on Intelligent Agent Technology
A Decision Procedure for Bundle Purchasing with Incomplete Information on Future Prices
International Journal of Electronic Commerce
Complex open-system design by quasi-agents: process-oriented modeling in agent-based systems
ACM SIGSOFT Software Engineering Notes
Electronic Commerce Research and Applications
Towards an ant system for autonomous agents
AIS-ADM'07 Proceedings of the 2nd international conference on Autonomous intelligent systems: agents and data mining
Strategic agents for multi-resource negotiation
Autonomous Agents and Multi-Agent Systems
Applying service composition in digital museum grid
ISPA'05 Proceedings of the 2005 international conference on Parallel and Distributed Processing and Applications
Agent-based middleware for web service dynamic integration on peer-to-peer networks
AI'05 Proceedings of the 18th Australian Joint conference on Advances in Artificial Intelligence
A markov model for inventory level optimization in supply-chain management
AI'05 Proceedings of the 18th Canadian Society conference on Advances in Artificial Intelligence
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Service composition is the act of taking several component products or services, and bundling them together to meet the needs of a given customer. In the future, service composition will play an increasingly important role in e-commerce, and automation will be desirable to improve speed and efficiency of customer response. In this paper, we consider a service composition agent that both buys components and sells services through auctions. It buys component services by participating in many English auctions. It sells composite services by participating in Request-for-Quotes reverse auctions. Because it does not hold a long-term inventory of component services, it must take risks; it must make offers in reverse auctions prior to purchasing all the components needed, and must bid in English auctions prior to having a guaranteed customer for the composite good. We present algorithms that is able to manage this risk, by appropriately bidding/offering in many auctions and reverse auctions simultaneously. The algorithms will withdraw from one set of possible auctions and move to another set if this will produce a better-expected outcome, but will effectively manage the risk of accidentally winning outstanding bids/offers during the withdrawal process. We illustrate the behavior of these algorithms through a set of worked examples.