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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
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Author(s): Raymund J. Lin (Institute for Information, Taiwan)and Seng-Cho T. Chou (National Taiwan University, Taiwan)
Copyright: 2008
Pages: 20
Source title: Agent Systems in Electronic Business
Source Author(s)/Editor(s): Eldon Y. Li (National Chengchi University, Taiwan)and Soe-Tsyr Yuan (National Chengchi University, Taiwan)
DOI: 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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