Scientific Research and Essays

  • Abbreviation: Sci. Res. Essays
  • Language: English
  • ISSN: 1992-2248
  • DOI: 10.5897/SRE
  • Start Year: 2006
  • Published Articles: 2768

Full Length Research Paper

A review on soft computing techniques in automated negotiation

Hamid Jazayeriy1*, Masrah Azmi-Murad2, Md. Nasir Sulaiman2 and Nur Izura Udzir2
1Faculty of Electrical and Computer Engineering, Noshirvani University of Technology, Babol, Iran. 2Faculty of Computer Science and Information Technology, 43400 Serdang, Universiti Putra Malaysia.
Email: [email protected]

  •  Accepted: 08 September 2011
  •  Published: 23 October 2011

Abstract

Automated negotiation offers new capability for buyers and sellers to efficiently trade goods and services in online markets. In high-dimensional real world negotiations, many agents may communicate with each other over multi-issue products. In this paper, we review soft-computing techniques used in e-negotiation. Although implementation of real world negotiations is very hard but using soft computing techniques can lead us to a suitable approximation in automated negotiation. Using a combination of soft computing techniques can decrease the complexity of high-dimensional negotiation.

 

Key words: Electronic marketplace, automated negotiation, soft computing, complexity.