Develop an adapted coordination strategy for negotiation in a buyer-driven e-marketplace
Hsin Rau, Chao‐Wen Chen, Wei-Jung Shiang, Chiuhsiang Joe Lin · 2008
Automated negotiation by autonomous agents has become increasingly popular in the e-marketplace. This paper develops a new coordination strategy that integrates two common strategies: the desperate and patient strategies for the negotiation between one buyer and many suppliers. With our examples, we show that our proposed strategy can reduce negotiation time and find the best utility. We believe that our strategy can provide a good operation mechanism for the negotiation in the e-marketplace.