The overwhelming options conveyed by Internet exaggerated growth bring new issues for users engaged in buying and/or selling goods using the net as the business medium. Goods and services can be exchanged, directly sold or negotiated in auctions. In any of these situations, finding the required product by the right price is the big challenge for Internet users. Especially in e-auction, timing and strategic actions are vital to a successful deal. In this paper, we propose a model for e-auction based on intelligent agents technology. The use of agents make possible to reflect better what happens in real auctions. Agents act together with buyers, sellers and auctioneers to assist them obtaining the best deal or at least finding Nash equilibrium point.
The authors in REF discuss an intelligent agent based model for E-auction.
Electronic Auction with autonomous intelligent agents : Finding opportunities by being there
ICEIS (2)
Computer Science