Ž . The purpose of this paper is to study how Intelligent Agents IAs can be used to facilitate electronic trading. An IA is a software program designed for performing a specific task based on its own knowledge and the message it received. Given the increased complexity of Internet services, many IAs are useful to make electronic markets more effective. In the paper, activities and structures of...

The Internet Open Trading Protocol (IOTP) is being developed by the Internet Engineering Task Force for electronic commerce (e-commerce) over the Internet. The core of IOTP is a set of trading transactions that reflects the most common trading activities in the real world. We apply the formal method of Coloured Petri Nets (CP-nets) to construct an abstract executable specification of IOTP’s tra...

Electronic data interchange (EDI)-enabled trading partnerships are even more important now that EDI and electronic commerce-based technologies are underlying long-term strategic business partnerships. This study investigates the trading partner selection criteria used by ®rms in a customer-supplier dyad and their relative importance according to EDI implementation level is also established. Usi...

and forestry. To solve some of the problems in forestry and agriculture, the German Research Center for Artificial Intelligence and the Saarland Ministry of Economics founded the Cooperative Agents and Integrated Services for Logistic and Electronic Trading in Forestry and Agriculture (Casa) project. The Casa project focuses on developing an agentbased information and trading network (ITN). In ...

demand for scalable and dependable distributed computing systems. E-commerce and online stock trading systems are examples. These systems concurrently serve many clients that transmit a large, often "bursty," number of requests and have stringent quality of service requirements. To protect hardware investments and avoid overcomitting resources, such systems scale incrementally by connecting ser...

Resumen. Automating the creation and management of SLAs in electronic commerce scenarios brings many advantages, such as increasing the speed in the contracting process or allowing providers to deploy an automated provision of services based on those SLAs. We focus on the service trading process, which is the process of locating, selecting, negotiating, and creating SLAs. In this article, we pr...

We describe the Penn-Lehman Automated Trading project, a broad investigation of algorithms and strategies for automated trading in financial markets that centers around the Penn Exchange Simulator (PXS). PXS performs a stock market simulation that integrates virtual client orders with limit order data from real-world electronic exchanges. We describe our motivations and interests, the design an...

Anthropological evidence suggests that the human species has evolved what could be called a “trading instinct” over many of years of Darwinian adaptation, where trade acts as a social catalyst and thus as a suppressor of violent conflict among trading groups. Without enough natural human interaction it is unlikely that the trading instinct will achieve its social purposes, even though it may ac...

In this paper we present a methodology that guides the development of a multiagent system for trading in electronic markets. Our approach uses a strategy of decomposing a complex trading problem into sub-problems, and defines agent roles that tackle these sub-problems. We also present an incremental development process for building asynchronous and distributed agents, which enable effortlessly ...