Utilizing Dutch Auction in an Agent-based Model E-commerce System

Recently, we have presented an initial implementation of a model agent-based e-commerce system, which utilized a simple price negotiation mechanism–English Auction. In this note we discuss how a Dutch Auction involving multiple units of a product can be included in our system. We present UML diagrams of agents involved in price negotiations and briefly discuss rule-based mechanism exemplifying Dutch Auction.




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[12] http://www.agorics.com/Library/Auctions/
auction3.html
[13] http://collectibles.about.com/library/articles/
blebaydutch.htm
[14] http://www.ehow.com/
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[15] http://www.fipa.org/specs/fipa00032/XC00032F.pdf
[16] http://glossary.global-investor.com/terms/
Dutch-auction.htm?ginPtrCode=00000&id=12389&
PopupMode=true