Decision processes in agent-based automated contracting

John Collins, Corey Bilot, Maria L Gini, Bamshad Mobasher

Research output: Contribution to journalArticlepeer-review

34 Scopus citations

Abstract

Business-to-business e-commerce is growing rapidly and moving towards auction based pricing mechanism, inspite of many problems and risk factors evolved in coordinated tasks. To determine the winning bids is the main problem in markets with coordinated tasks as picking the lowest price is not sufficient. The systematic approach reliably finds the optimum bid assignment, at the cost of exponential scalability and anytime controllability. A vocabulary must be developed to allow unambiguous specifications of tasks and bids.

Original languageEnglish (US)
Pages (from-to)61-72
Number of pages12
JournalIEEE Internet Computing
Volume5
Issue number2
DOIs
StatePublished - Mar 2001

Bibliographical note

Funding Information:
We gratefully acknowledge partial support for our research from the National Science Foundation, award NSF/ IIS-0084202.

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