Web-service semantic enabled implementation of machine vs. machine business negotiation

Laurentiu Vasiliu, Michal Zaremba, Matthew Moran, Christoph Bussler, Jim Browne

Research output: Chapter in Book or Conference Publication/ProceedingConference Publicationpeer-review

7 Citations (Scopus)

Abstract

The ultimate target of business to business (B2B) integration and deployment is complete business process automation within and between enterprises with no human intervention. From a business point of view, negotiation is the main mechanism that modern enterprises use to achieve targets that maximise their profits. This paper proposes an automated B2B negotiation solution: the implementation of semantic-enabled machine versus machine business negotiation as a web service. We argue that the shift from human vs. human to machine vs. machine business negotiation is facilitated by using semantic web technology implemented with web services. The negotiation process in this work is designed for multiple machines (a minimum of 3 computers), using a negotiation algorithm that emulates the behaviour of human business negotiations. Possible development directions are brought forward in the paper's conclusion.

Original languageEnglish
Title of host publicationProceedings - IEEE International Conference on Web Services
Pages106-115
Number of pages10
DOIs
Publication statusPublished - 2004
EventProceedings - IEEE International Conference on Web Services - San Diego, CA, United States
Duration: 6 Jul 20049 Jul 2004

Publication series

NameProceedings - IEEE International Conference on Web Services

Conference

ConferenceProceedings - IEEE International Conference on Web Services
Country/TerritoryUnited States
CitySan Diego, CA
Period6/07/049/07/04

Keywords

  • Automated Negotiation of Collaboration Protocol Agreements (ANCPA)
  • B2B
  • Bayesian updating beliefs rule
  • Negotiation
  • Semantic web
  • Web services

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