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A Proposal of Multi-agent Negotiation Mechanism Based on Dynamic Market Concept for Pareto Optimal Solution

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Book cover Holonic and Multi-Agent Systems for Manufacturing (HoloMAS 2005)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 3593))

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Abstract

One of advantages for software agent is their ability to serve as proxies for trade and bartering. This has led to the analysis and development of negotiation mechanism for general resource allocation problem. We consider agent-mediated Pareto optimal allocation of resources through market mechanism. We formulate virtual market model as a discrete resource allocation problem in dynamic situations, and demonstrate the applicability of the market concept with multi-agent paradigm to this framework. In this paper we clarify the proposed mechanism successfully calculates Pareto optimal solutions for the resource allocation problem by comparing our method with conventional analytic approaches. Additionally we apply the mechanism into dynamic market environment, and analyse the rationality of the emerged market by computer simulation.

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© 2005 Springer-Verlag Berlin Heidelberg

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Kaihara, T., Fujii, S. (2005). A Proposal of Multi-agent Negotiation Mechanism Based on Dynamic Market Concept for Pareto Optimal Solution. In: Mařík, V., William Brennan, R., Pěchouček, M. (eds) Holonic and Multi-Agent Systems for Manufacturing. HoloMAS 2005. Lecture Notes in Computer Science(), vol 3593. Springer, Berlin, Heidelberg. https://doi.org/10.1007/11537847_8

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  • DOI: https://doi.org/10.1007/11537847_8

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-28237-2

  • Online ISBN: 978-3-540-31831-6

  • eBook Packages: Computer ScienceComputer Science (R0)

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