An E-Market Framework to Determine the Strength of Business Relationships between Intelligent Agents

When an agent enters in an e-Market for the first time, it has no historical information that can be used to determine the strength of business relationship with participant agent, and must therefore rely on the reporting of other agents to prepare for negotiation with that agents. Beliefs of individual agents change through interaction with participant agents and are reflected in their on-going relationships. An understanding of business relationships is fundamental to understanding trade between both human agents in traditional markets and software agents in electronic markets. Two parties in the market establish agreement for mutual beneficial deals or contracts and therefore execute that deal or contract. Contextual information e.g., constraints, preferences, deadlines etc., during execution of the contract are unknown to each of the parties while they established the contract. Deviations between signed contract and executed contract are observed and used to measure the strength of relationship between two parties. We have presented an E-Market framework to describe how Institution Agent can assist for mining Outcome of Contract Execution by observing Argumentation Dialogues to determine how business relationship develops and evolves. In this work, development of an argumentation system is going on where Institution Agent observes the argumentation dialogue between buyer and seller agents. The results of observation are used to determine the strength of business relationship for future interactions between buyer agent and seller agent.