eMarketplaces for enterprise and cross enterprise integration

Authors:
Hamada Ghenniwa;Michael N. Huhns;Weiming Shen
Affiliations:
Department of Electrical and Computer Engineering, University of Western Ontario, London, Ont., Canada;Department of Computer Science and Engineering, University of South Carolina, Columbia, SC;Integrated Manufacturing Technologies Institute, National Research Council Canada, London, Ont., Canada
Venue:
Data & Knowledge Engineering - Special issue: Collaborative business process technologies
Year:
2005

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Abstract

Businesses today must collaborate more frequently with partners to build virtual organizations and supply-chains that reduce times-to-market and costs. This paper argues that an electronic marketplace (eMarketplace) is a promising model for eBusiness applications. The architecture for this integrated environment is business-centric and knowledge-oriented. In this architecture, the eMarketplace exists as a collection of economically motivated software agents of cooperative distributed systems. It enables and supports common integration and economic services between market participants. This paper focuses on developing an agent-oriented dynamic trading mechanism (Vickrey auction) and supply-chain integration for the eMarketplace. A prototype is developed for a Vickrey eMarketplace using a coordinated, intelligent rational Agent model and a FIPA-compliant platform.