Negotiation mechanism for TAC SCM component market

    Research output: Chapter in Book / Conference PaperConference Paper

    Abstract

    This paper presents a new negotiation mechanism and a new supplier model for Trading Agent Competition Supply Chain Management (TAC SCM). Under the new negotiation mechanism, an agent is allowed to negotiate with component suppliers on price, delivery date and supply quantity while a supplier can autonomously vary its production capacity with market demands and allocate its products to buyers through auction. A mathematical analysis is given to ensure the new negotiation mechanism and supplier model effectively solve the existing problems while keeping most good features of the original TAC SCM game model.
    Original languageEnglish
    Title of host publicationProceedings of the Fourth International Joint Conference on Autonomous Agents and Multiagent Systems
    PublisherACM Press
    Number of pages8
    ISBN (Electronic)1595930930
    ISBN (Print)1595930949
    Publication statusPublished - 2005
    EventInternational Joint Conference on Autonomous Agents and Multiagent Systems -
    Duration: 5 May 2014 → …

    Conference

    ConferenceInternational Joint Conference on Autonomous Agents and Multiagent Systems
    Period5/05/14 → …

    Keywords

    • negotiation
    • trading agent
    • multi-agent simulation and modelling

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