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Agent-¬based matching of demands and supplies in business transaction formation

Agent-¬based matching of demands and supplies in business transaction formation

Raymund J. Lin, Seng-Cho T. Chou
Copyright: © 2008 |Pages: 20
ISBN13: 9781599045887|ISBN10: 1599045885|ISBN13 Softcover: 9781616926366|EISBN13: 9781599045900
DOI: 10.4018/978-1-59904-588-7.ch004
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MLA

Lin, Raymund J., and Seng-Cho T. Chou. "Agent-¬based matching of demands and supplies in business transaction formation." Agent Systems in Electronic Business, edited by Eldon Y. Li and Soe-Tsyr Yuan, IGI Global, 2008, pp. 58-77. https://doi.org/10.4018/978-1-59904-588-7.ch004

APA

Lin, R. J. & Chou, S. T. (2008). Agent-¬based matching of demands and supplies in business transaction formation. In E. Li & S. Yuan (Eds.), Agent Systems in Electronic Business (pp. 58-77). IGI Global. https://doi.org/10.4018/978-1-59904-588-7.ch004

Chicago

Lin, Raymund J., and Seng-Cho T. Chou. "Agent-¬based matching of demands and supplies in business transaction formation." In Agent Systems in Electronic Business, edited by Eldon Y. Li and Soe-Tsyr Yuan, 58-77. Hershey, PA: IGI Global, 2008. https://doi.org/10.4018/978-1-59904-588-7.ch004

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Abstract

The theme of this chapter includes topics of matching, auction and negotiation. We have shown that the knowledge of game theory is very important when designing an agent-based matching or negotiation system. The problem of bounded rationality in multi¬-agent systems is also discussed; we put forward the mechanism design and heuristic methods as solutions. A real negotiation scenario is presented to demonstrate our proposed solutions. In addition, we discuss the future trends of the agent technology in e¬commerce system.

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