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A Group Buy Protocol based on Coalition Formation for Agent-mediated E-Commerce

TLDR
A new group buy scheme for agent-mediated electronic markets is proposed with the concept of sequential decisionmaking for seller agents and buyer agents and a cooperation mechanism among seller agents based on exchange items in stock.
Abstract
Electronic commerce is becoming an increasingly important channel for retail commerce. There are a large number of e-commerce sites on the Internet. Intelligent agents have been studied very widely in the field of artificial intelligence and multi-agent systems. There have been several researches on agent-mediated electronic commerce. In particular, we focus on volume discount mechanism based on agent-mediated electronic commerce. In this paper, we propose a new group buy scheme for agent-mediated electronic markets. In this scheme, we introduce the concept of sequential decisionmaking for seller agents and buyer agents. Further, we propose a cooperation mechanism among seller agents based on exchange items in stock. We implemented an agent-mediated electronic markets based on the group buy scheme. The result shows that the new group buy scheme is effective in supporting electronic commerce based on volume discount.

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Citations
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Journal ArticleDOI

Online Group Buying: What Is There For The Consumers?

TL;DR: In this article, the authors analyzed the online group buying system in Turkey, where the practice is quite new and needs a thorough understanding for future strategy building, and the results indicated that customers mostly based their decisions on price advantage and discount amount, however, novelty and extraordinary nature of the offer also counted.
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Comparison of distributed methods for resource allocation

TL;DR: This paper provides an overview of research activities in the field of distributed methods for resource allocation problems, comparing different methods and discussing how these different methods can be applied to the problems.
Proceedings ArticleDOI

A volume discount-based allocation mechanism in group buying

TL;DR: This work proposes a volume discount mechanism based on the seller's reservation price and the payment adjustment value that is a strategy-proof mechanism, that is, it has the incentive compatibility and weakens the influence of false name bids.
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Multi-goal economic search using dynamic search structures

TL;DR: The paper presents a comprehensive analysis of the new search method and highlights the specific characteristics of the optimal search strategy, which is favorable as it weakly dominates (i.e., can improve but never worsen) cooperative and autonomous search techniques.
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Tasks for agent-based negotiation teams: Analysis, review, and challenges

TL;DR: The tasks to be carried out by agent-based negotiation teams are reviewed and each task is analyzed and related with current advances in different research areas to identify special challenges that may arise due to the particularities of agent- based negotiation teams.
References
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Book

Multiagent Systems

Gerhard Weiss
TL;DR: This second edition has been completely revised, capturing the tremendous developments in multiagent systems since the first edition appeared in 1999.
Proceedings Article

Kasbah: An Agent Marketplace for Buying and Selling Goods

TL;DR: How Kasbah works is described, a system where users create autonomous agents to buy and sell goods on their behalf and the implementation of a simple proof-of-concept prototype is discussed.
Journal ArticleDOI

Agent-mediated electronic commerce: a survey

TL;DR: The CBB model the authors present augments traditional marketing models with concepts from Software Agents research to accommodate electronic markets and discusses the variety of Artificial Intelligence techniques that support agent mediation.
Proceedings ArticleDOI

A scalable comparison-shopping agent for the World-Wide Web

TL;DR: ShopBot, a fully-implemented, domainindependent comparison-shopping agent that relies on a combination of heuristic search, pattern matching, and inductive learning techniques, enables users to both find superior prices and substantially reduce Web shopping time.
Proceedings ArticleDOI

The Michigan Internet AuctionBot: a configurable auction server for human and software agents

TL;DR: The Michigan Internet AuctionBot is a scalable and robust auction server that supports both software and human agents and is used extensively in classroom exercises and is available to the general Internet population.
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