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On the Use of PSO with Weights Adaptation in Concurrent Multi-issue Negotiations

  • Kakia PanagidiEmail author
  • Kostas Kolomvatsos
  • Stathes Hadjiefthymiades
Part of the Advances in Intelligent Systems and Computing book series (AISC, volume 217)

Abstract

In this paper, we deal with automated multi-issue concurrent negotiations. A buyer utilizes a number of threads for negotiating with a number of sellers. We propose a method based on the known PSO algorithm for threads coordination. The PSO algorithm is used to lead the buyer to the optimal solution (best deal) through threads team work. Moreover, we propose a weights adaptation scheme for optimizing buyer behavior and promoting efficiency. This way, we are able to provide an efficient mechanism for decision making in the buyer’s side. This is proved by our results through a wide range of experiments.

Keywords

Multi-Issue Negotiations Concurrent Negotiations PSO Optimization 

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Copyright information

© Springer International Publishing Switzerland 2013

Authors and Affiliations

  • Kakia Panagidi
    • 1
    Email author
  • Kostas Kolomvatsos
    • 1
  • Stathes Hadjiefthymiades
    • 1
  1. 1.Pervasive Computing Research Group (p-comp), Department of Informatics and, TelecommunicationsNational and Kapodistrian University of AthensAthensGreece

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