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Specification and execution of composite trading activities
Yain-Whar Si1,2; David Edmond2; Marlon Dumas2; Arthur H.M. ter Hofstede2
2007-12-01
Source PublicationElectronic Commerce Research
ISSN13895753
Volume7Issue:3-4Pages:221-263
Abstract

With the growing number of trading opportunities available online, software tools designed to act on behalf of human traders are increasingly being used to automate trading activities. The next logical step in this evolution is the automation of composite trading activities designed to fulfill complex user goals and requirements. In this paper, we describe a model for specifying composite trading activities involving concurrent and interrelated negotiations with multiple parties and heterogeneous protocols. The model supports the specification of several types of constraints, such as the number of required successful negotiations, the limit price for the items to be traded, and the temporal constraints imposed by all trading parties. In order to guide the execution of the trading activities, we describe a novel planning and execution model for composite trading activities which is designed to maximize the expected utility of the user. © Springer Science+Business Media, LLC 2007.

KeywordConcurrent Negotiations Expected Utility Negotiation Plans Negotiation Protocols Trading Activities
DOI10.1007/s10660-007-9005-6
URLView the original
Language英语
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Document TypeJournal article
专题DEPARTMENT OF COMPUTER AND INFORMATION SCIENCE
Corresponding AuthorYain-Whar Si; David Edmond; Marlon Dumas; Arthur H.M. ter Hofstede
Affiliation1.Faculty of Science and Technology, University of Macau, Av. Padre Tomas Pereira S.J., Taipa, Macau
2.Faculty of Information Technology, Queensland University of Technology, GPO Box 2434, Brisbane Qld 4001, Australia
First Author AffilicationFaculty of Science and Technology
Corresponding Author AffilicationFaculty of Science and Technology
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GB/T 7714
Yain-Whar Si,David Edmond,Marlon Dumas,et al. Specification and execution of composite trading activities[J]. Electronic Commerce Research,2007,7(3-4):221-263.
APA Yain-Whar Si,David Edmond,Marlon Dumas,&Arthur H.M. ter Hofstede.(2007).Specification and execution of composite trading activities.Electronic Commerce Research,7(3-4),221-263.
MLA Yain-Whar Si,et al."Specification and execution of composite trading activities".Electronic Commerce Research 7.3-4(2007):221-263.
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