Agent-based auction technology has revolutionized auction trading in the Supply Chain environment by reducing the cost of transactions, and by increasing the satisfaction factor in matching requirements of seller and buyer agents. In this article, we have considered methods of matching quantities of buyer and seller agents by cooperation, with a priority on the buyer’s requirements. The article...

The Multi agent system (MAS) model has been extensively used in the different tasks of e-commerce like customer relation management (CRM), negotiation and brokering. For the success of CRM, it is important to target the most profitable customers of a company. This paper presents a multi-attribute negotiation approach for negotiation between buyer and seller agents. The communication model and t...

This article offers a dynamic model of opaque over-the-counter markets. A seller searches for an attractive price by visiting multiple buyers, one at a time. The buyers do not observe contacts, quotes, or trades elsewhere in the market. A repeat contact with a buyer reveals the seller’s reduced outside options and worsens the price offered by the revisited buyer. When the asset value is uncerta...

This paper studies game-type credit default swaps that allow the protection buyer and seller to raise or reduce their respective positions once prior to default. This leads to the study of an optimal stopping game subject to early default termination. Under a structural credit risk model based on spectrally negative Lévy processes, we apply the principles of smooth and continuous fit to identif...

The modeling of noncooperative dialogs, as opposed to dialogs in which the goals of the participants coincide, presents novel challenges to a pragmatically oriented dialog system. PRACMA models noncooperative sales dialogs. In the role of the potential buyer of a used car, the system tries to arrive at a realistic evaluation of the unknown car in spite of biased information presentation on the ...

Categorization orclassification is one of the important tasks in negotiation between buyer and seller(BS), in B2C Ecommerce. It is preassumed that negotiation between same category of buyer and seller isan appropriate approach. We have deployed a some computing models asBayesian, Naive Bayes, Logistics, SMA and Ada boost method for classification of BS.We have taken some cognitive and business ...

This document establishes that the result in "Sequentially Optimal Mechanisms" is robust to a number of extensions. 1. Robustness: Longer Horizon & Alternative Degrees of Transparency We will show that our result is robust in a number of di¤erent directions. The …rst extension considers the possibility that the game lasts arbitrarily long, but …nitely many periods. The next three extensions are...

Options contracts can provide trading partners with enhanced flexibility to respond to uncertain market conditions and allow for superior capacity planning thanks to early information on future demand. We develop an analytical framework to value options on capacity for production of non-storable goods or dated services. The market set-up is as follows: During the contract market, period 0, the ...

Buying and selling is a means of mankind to meet the needs each individual.On one hand, seller can be buyer, on other buyer may seller,till he or she meets latest who acts as consumer. Thus, buying very susceptible manipulation something desired by party in order gain benefit even beyond rational matter. Therefore, Islam cannot separated from ethics. The ethics must held all parties maintain pu...

I illustrate the surprising strategic effects a lack of common knowledge can have in a simple example. I analyze a two-person bargaining game in which the seller makes a single take-it-or-leave-it offer. The seller knows everything except possibly what information the buyer has. If it is common knowledge that the buyer knows the value of the object or if it is common knowledge that the buyer do...