An Electronic Marketplace Based on Game Theory

  • Hu Jun, Guan Chun
  • Published 2009 in
    2009 Third International Symposium on Intelligent…

Abstract

To improve the efficiency of auction-based negotiation system in e-marketplace, this paper presents a model of game agent for auction-based negotiation, a bid negotiation algorithm based on game theory and a framework of game-based electronic marketplace. It provides a new effective way to establish buyer game agents for making buyer agent bid more rationally and a game negotiation agent system for e-marketplace. Experiments show that the new way has achieved good results.

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Cite this paper

@article{Jun2009AnEM, title={An Electronic Marketplace Based on Game Theory}, author={Hu Jun and Guan Chun}, journal={2009 Third International Symposium on Intelligent Information Technology Application}, year={2009}, volume={3}, pages={111-114} }