 IntroductionMichael Filzmoser
Chapter Chapter 1 in Simulation of Automated Negotiation, 2010, pp 1-13 from Springer Abstract: Abstract The present hype of agent-based methodologies in computer science and the potentials of software agents that interact autonomously over the Internet established the field of automated negotiation, which is supposed to be of considerable importance for research and practice in the future [191, 206]. In electronic business information, orders, and payments can already be handled electronically. However, automation for the task of negotiating the final contract is missing to a large extent. This task still necessitates human intervention, which increases transaction costs and diminishes the potential value of electronic business [135]. Scholars argue that the evolution of agent-mediated electronic business will change the future of traditional business and lead to a radical reorganization of economic structures [114, 153]. In agent-based systems on the other hand sophisticated interactions between autonomous software agents like biding, voting, and negotiation are largely not present [117]. Making negotiation an interaction mechanism available for autonomous systems could replace current primitive rules of encounter and thereby improve outcomes of such interactions [117, 170]. Date: 2010 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-7091-0133-9_1 Ordering information: This item can be ordered from DOI: 10.1007/978-3-7091-0133-9_1 Access Statistics for this chapter More chapters in Springer Books from Springer |
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