This paper addresses the problem of flexible procurement of multiple distinct services characterized by multiple nonfunctional characteristics, i.e., quality-of-service attributes. We consider the one-to-many negotiation approach as a flexible method for procuring multiple different services by a buyer agent. We address the problem of coordinating the bidding strategy amongst multiple concurrent negotiations and propose novel dynamic negotiation strategies. The proposed strategies consider the behaviors of the opponents of the current negotiation encounter in managing the local reservation values of the common negotiation issues (attributes) of different services. Most previous works consider the problem of negotiation over a single object characterized by one or more issues. We extend our previous work and investigate a more complex situation where a buyer agent negotiates over multiple distinct services given that each service has multiple negotiation issues and multiple possible providers. The experimental results show evidence for the effectiveness and robustness of our dynamic negotiation strategies under various negotiation environments.

Download full-text PDF

Source
http://dx.doi.org/10.1109/TCYB.2014.2369015DOI Listing

Publication Analysis

Top Keywords

negotiation
9
coordinating bidding
8
bidding strategy
8
negotiation single
8
multiple
8
multiple providers
8
multiple distinct
8
distinct services
8
buyer agent
8
dynamic negotiation
8

Similar Publications

Want AI Summaries of new PubMed Abstracts delivered to your In-box?

Enter search terms and have AI summaries delivered each week - change queries or unsubscribe any time!