Price negotiation method and system
AssigneeVariab.Ly Ltd
InventorsGeorge COTSIKIS, Nick JENNINGS, Christoforos ANAGNOSTOPOULOS
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Abstract
The present invention relates to a method for generating proposals in a negotiation, the method including an automatic agent calculating a proposal in accordance with a predetermined function using one or more variables, transmitting the proposal to another agent across a communications channel, and receiving a counter-proposal from the other agent. The variables include a loyalty parameter and/or a reputation parameter. A system for negotiation is also disclosed.
Claims22
A computer-implemented method for generating proposals in a negotiation, including:
- an automatic agent calculating a proposal in accordance with a predetermined function using one or more variables, transmitting the proposal to another agent across a communications channel, and receiving a counter-proposal from the other agent;
- wherein the variables include one or more from the set of a loyalty parameter and a reputation parameter.
A method as claimed in claim 17 wherein the automatic agent operates within a negotiation system comprising a plurality of automatic agents and the reputation parameter is known to all automatic agents.
An automatic agent comprising:
- processing circuitry configured for calculating a proposal in accordance with a predetermined function using one or more variables;
- wherein the variables include one or more from the set of a loyalty parameter and a reputation parameter;
- storage circuitry configured for retrieving the one or more variables;
- and
- communications circuitry for transmitting a proposal to another agent across a communications channel and receiving a counter-proposal from the other agent.
Dependencies are inferred from the claim text.