Discovering negotiation knowledge for a probabilistic negotiation Web service in e-Business
Research output: Chapters, Conference Papers, Creative and Literary Works › RGC 32 - Refereed conference paper (with host publication) › peer-review
Author(s)
Related Research Unit(s)
Detail(s)
Original language | English |
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Title of host publication | Proceedings - IEEE/WIC/ACM International Conference on Web Intelligence, WI 2004 |
Pages | 264-270 |
Publication status | Published - 2004 |
Conference
Title | Proceedings - IEEE/WIC/ACM International Conference on Web Intelligence, WI 2004 |
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Place | China |
City | Beijing |
Period | 20 - 24 September 2004 |
Link(s)
Abstract
Negotiation has long been identified as one of the key processes in e-Business. Classical negotiation models have limited use in e-Business because these models often assume that complete information about the negotiation spaces is available and the computational efficiency is negligible. This paper proposes a practical negotiation system which is developed based on Bayesian learning and engineered as a Web service. The knowledge acquisition bottle-neck presented in previous Bayesian negotiation approaches is resolved by a novel method of inducing domain knowledge based on negotiation history. Our preliminary experiment shows that the proposed probabilistic negotiation method is more effective than a non-learning negotiation model and the extra computational time incurs in the probabilistic model is negligible. © 2004 IEEE.
Research Area(s)
- Automated Negotiation, Bayesian Learning, e-Business, Web Services
Citation Format(s)
Discovering negotiation knowledge for a probabilistic negotiation Web service in e-Business. / Lau, Raymond Y. K.; Valdal, Eivind.
Proceedings - IEEE/WIC/ACM International Conference on Web Intelligence, WI 2004. 2004. p. 264-270.
Proceedings - IEEE/WIC/ACM International Conference on Web Intelligence, WI 2004. 2004. p. 264-270.
Research output: Chapters, Conference Papers, Creative and Literary Works › RGC 32 - Refereed conference paper (with host publication) › peer-review