A fuzzy multi-agent bidding model

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This paper formalizes an original bidding model to be applied in complex negotiation scenarios with conflicting interests, involving multiple bidders and a single announcer agent. Agents have preferences, and the bidding model is formalized with a bidding path algorithm applied to the transportation industry. In each negotiation round every bidding agent must put forward a bid that not only meets the satisfaction threshold set by the announcer, but also simultaneously maximizes bidder and announcer satisfaction. On doing so the bidders are walking a bidding path. This paper formalizes the bidding path algorithm concept, which is at the core of our bidding model.

Original languageEnglish
Title of host publicationProceedings - IEEE/WIC/ACM International Conference on Intelligent Agent Systems. IAT 2004
EditorsN. Zhong, J. Bradshaw, S.K. Pal, D. Talia, J. Liu, N. Cercone
PublisherIEEE Computer Society
Pages517-520
Number of pages4
ISBN (Print)0769521010, 9780769521015
DOIs
Publication statusPublished - 1 Dec 2004
EventProceedings - IEEE/WIC/ACM International Conference on Intelligent Agent Technology. IAT 2004 - Beijing, China
Duration: 20 Sep 200424 Sep 2004

Conference

ConferenceProceedings - IEEE/WIC/ACM International Conference on Intelligent Agent Technology. IAT 2004
CountryChina
CityBeijing
Period20/09/0424/09/04

Fingerprint Dive into the research topics of 'A fuzzy multi-agent bidding model'. Together they form a unique fingerprint.

  • Cite this

    Iglesias, O., Ribeiro, R. A., & Fonseca, J. R. (2004). A fuzzy multi-agent bidding model. In N. Zhong, J. Bradshaw, S. K. Pal, D. Talia, J. Liu, & N. Cercone (Eds.), Proceedings - IEEE/WIC/ACM International Conference on Intelligent Agent Systems. IAT 2004 (pp. 517-520). IEEE Computer Society. https://doi.org/10.1109/IAT.2004.1343009