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Formal Modeling of Agent-Based English Auctions Using Finite State Process Algebra

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Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 4496))

Abstract

The vision of global agent-based e-commerce environments that enable dynamic trading between business partners requires the study and development of suitable formal modeling frameworks. In particular, negotiation is a necessary and important activity to allow engagement of business parties in non-trivial business relationships. In this note we propose a formal framework using finite state process algebra for modeling and analysis of agent-based negotiations, with a focus on a particular price negotiation – English auction.

Work of A. Bădică and C. Bădică was partially funded by CNCSIS grants 94/2005: ”HiperProc: Hypermedia Techniques for Knowledge-Based Representation of Business Processes” and 185/2006 ”Technologies and Intelligent Software Tools for Automated Construction of E-Catalogues of Products Using Knowledge Acquisition from the Web”.

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Ngoc Thanh Nguyen Adam Grzech Robert J. Howlett Lakhmi C. Jain

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© 2007 Springer-Verlag Berlin Heidelberg

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Bădică, A., Bădică, C. (2007). Formal Modeling of Agent-Based English Auctions Using Finite State Process Algebra. In: Nguyen, N.T., Grzech, A., Howlett, R.J., Jain, L.C. (eds) Agent and Multi-Agent Systems: Technologies and Applications. KES-AMSTA 2007. Lecture Notes in Computer Science(), vol 4496. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-72830-6_26

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  • DOI: https://doi.org/10.1007/978-3-540-72830-6_26

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-72829-0

  • Online ISBN: 978-3-540-72830-6

  • eBook Packages: Computer ScienceComputer Science (R0)

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