{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,6,19]],"date-time":"2025-06-19T04:51:42Z","timestamp":1750308702548,"version":"3.41.0"},"reference-count":13,"publisher":"Association for Computing Machinery (ACM)","issue":"2","license":[{"start":{"date-parts":[[2003,6,1]],"date-time":"2003-06-01T00:00:00Z","timestamp":1054425600000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/www.acm.org\/publications\/policies\/copyright_policy#Background"}],"content-domain":{"domain":["dl.acm.org"],"crossmark-restriction":true},"short-container-title":["SIGecom Exch."],"published-print":{"date-parts":[[2003,6]]},"abstract":"<jats:p>Market-driven agents (MDAs) are negotiation agents that make adjustable amounts of concession by considering factors such as competition, deadlines, and trading options. While previous work demonstrates the properties of MDAs by experiments, this paper provides mathematical analyses to show that (1) for a given market situation, an MDA makes minimally sufficient concession, and (2) the strategies adopted by MDAs are in equilibrium. The results show that MDAs are stable (stability is an essential evaluation criterion for negotiation agents) and they avoid making excessive or inadequate concession in a market situation.<\/jats:p>","DOI":"10.1145\/1120709.1120715","type":"journal-article","created":{"date-parts":[[2007,1,17]],"date-time":"2007-01-17T18:32:02Z","timestamp":1169058722000},"page":"32-40","update-policy":"https:\/\/doi.org\/10.1145\/crossmark-policy","source":"Crossref","is-referenced-by-count":9,"title":["Equilibrium analyses of market-driven agents"],"prefix":"10.1145","volume":"4","author":[{"given":"Kwang Mong","family":"Sim","sequence":"first","affiliation":[{"name":"Department of Information Engineering, Chinese University of Hong Kong, Shatin, NT, Hong Kong"}],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"320","published-online":{"date-parts":[[2003,6]]},"reference":[{"volume-title":"1st Int. Conf. on the Practical Application of Intelligent Agents and Multi-Agent Tech.","year":"1996","author":"Chavez A.","key":"e_1_2_1_1_1"},{"key":"e_1_2_1_2_1","doi-asserted-by":"publisher","DOI":"10.1006\/ijhc.1997.0164"},{"volume-title":"Computational Intelligence, Special issue in Agent Tech. for E-commerce","author":"Sim K. M.","key":"e_1_2_1_3_1"},{"issue":"3","key":"e_1_2_1_4_1","first-page":"159","volume":"24","author":"Faratin P.","journal-title":"Negotiation Decision Functions for Autonomous Agents. Int. J. Robotics and Autonomous System."},{"key":"e_1_2_1_5_1","doi-asserted-by":"publisher","DOI":"10.1109\/3468.983399"},{"key":"e_1_2_1_6_1","doi-asserted-by":"publisher","DOI":"10.1109\/TSMCB.2002.805694"},{"volume-title":"John-Wiley Publisher","year":"1993","author":"Lewicki R.","key":"e_1_2_1_7_1"},{"key":"e_1_2_1_8_1","unstructured":"{8} M. Bazerman and M. Neale. Negotiating Rationally. The Free Press NY 1992.  {8} M. Bazerman and M. Neale. Negotiating Rationally. The Free Press NY 1992."},{"key":"e_1_2_1_9_1","unstructured":"{9} F. Zeuthen. Problem of Monopoly and Economic Warfare. London UK Routledge and keganpail. 1967.  {9} F. Zeuthen. Problem of Monopoly and Economic Warfare. London UK Routledge and keganpail. 1967."},{"volume-title":"Conf. on Intelligent Agent Tech.","author":"Sim K. M.","key":"e_1_2_1_10_1"},{"volume-title":"Rules of Encounter: Designing Conventions for Automated Negotiation among Computers","year":"1994","author":"Rosenschein J.","key":"e_1_2_1_11_1"},{"volume-title":"Academic Press","year":"1990","author":"M. J.","key":"e_1_2_1_12_1"},{"volume-title":"MPG Books Ltd.","year":"2001","author":"P. D.","key":"e_1_2_1_13_1"}],"container-title":["ACM SIGecom Exchanges"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/dl.acm.org\/doi\/10.1145\/1120709.1120715","content-type":"unspecified","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/dl.acm.org\/doi\/pdf\/10.1145\/1120709.1120715","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2025,6,18]],"date-time":"2025-06-18T20:13:56Z","timestamp":1750277636000},"score":1,"resource":{"primary":{"URL":"https:\/\/dl.acm.org\/doi\/10.1145\/1120709.1120715"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2003,6]]},"references-count":13,"journal-issue":{"issue":"2","published-print":{"date-parts":[[2003,6]]}},"alternative-id":["10.1145\/1120709.1120715"],"URL":"https:\/\/doi.org\/10.1145\/1120709.1120715","relation":{},"ISSN":["1551-9031"],"issn-type":[{"type":"electronic","value":"1551-9031"}],"subject":[],"published":{"date-parts":[[2003,6]]},"assertion":[{"value":"2003-06-01","order":2,"name":"published","label":"Published","group":{"name":"publication_history","label":"Publication History"}}]}}