Abstract:
An experimental electronic market that supports various
mechanisms for negotiation on a single issue-typically price-in
electronic exchanges is supplemented here with the addition of a rich
fonn of negotiation that operates in the context of the market data and
information extracted from the Internet generally. An alternating offers
negotiation mechanism supports multi-issue, time-constrainednegotiation
where the issue set is open. All transactions in this market, including
offers, trades and requests for information, are managed as constrained
business processes. A multiagent system based on a three-layer BDI
hybrid architecture attempts to manage these processes within their
constraints. The long-term goal of this work is to investigate the e-market
evolutionary process.
