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Multi-bilateral Multi-issue E-negotiation in E-commerce with a Tit-for-Tat Computer Agent
Authors:Melvin?F.?Shakun  author-information"  >  author-information__contact u-icon-before"  >  mailto:mshakun@stern.nyu.edu"   title="  mshakun@stern.nyu.edu"   itemprop="  email"   data-track="  click"   data-track-action="  Email author"   data-track-label="  "  >Email author
Affiliation:(1) Leonard N. Stern School of Business, New York University, 44 West 4 Street, New York, NY 10012-1126, USA
Abstract:We discuss multi-bilateral multi-issue electronic negotiation (e-negotiation) in the context of an e-commerce marketplace system in which multiple players – buyers and sellers – conduct bilateral (pair-wise) multi-attribute negotiations followed optionally by an auction. Negotiators both make and request specific concessions. The concept of a tit-for-tat concession strategy is developed and implemented by a computer agent. The work is related to the Evolutionary Systems Design (ESD) framework for formal modeling/design of Purposeful Complex Adaptive Systems (PCAS).
Keywords:multi-bilateral multi-issue e-negotiation  e-commerce  multiple buyers and sellers  auctions  tit-for-tat concession strategy  computer agent  Evolutionary Systems Design (ESD)
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