Agent-Based E-Commerce and its Contribution to Economy

Isil Karabey () and Ugur Guven Adar ()
Additional contact information
Isil Karabey: ATATURK UNIVERSITY FACULTY OF ENGINEERING
Ugur Guven Adar: ATATURK UNIVERSITY FACULTY OF ENGINEERING

No 802194, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: Today the importance of e-commerce increases in line with the rise in the number of internet users. The complexity and the excess of information in internet make the use of semantic web in e-commerce mandatory. In practice, semantic web uses agents for economic income. Agents are integrated into e-commerce systems such as B2C (Business to Consumer) and B2B (Business to Business). So, agents enable the exchange between customers and sellers and allow shopping transaction. Multi-agent systems are generally used in agent-based e-commerce systems. Negotiation and auction gained importance in these multi-agent systems. There are some differences between B2B and B2C agent systems. These differences can be exemplified by some systems such as MIT?s KASBAH or E-bay?s AuctionBot. With these systems, buyers can purchase with the minimum prices and sellers can reach more costumers without advertisement. In this paper, the benefits and challenges of agent based e-commerce is investigated and the contribution of the use of agents in B2B (Business to Business) e-commerce systems to the economy is examined.

Keywords: e-commerce; agent-based e-commerce systems; multi-agent systems; economic agents. (search for similar items in EconPapers)
JEL-codes: O32 O39 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2014-10
New Economics Papers: this item is included in nep-cmp and nep-ict
References: View complete reference list from CitEc
Citations:

Published in Proceedings of the Proceedings of the 13th International Academic Conference, Antibes, Oct 2014, pages 173-179

Downloads: (external link)
https://iises.net/proceedings/13th-international-a ... d=8&iid=028&rid=2194 First version, 2014

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:0802194

Access Statistics for this paper

More papers in Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences
Bibliographic data for series maintained by Klara Cermakova ().