A Multi-Agent-Based Automatic Negotiation for Distributed Manufacturing

2009 ◽  
Vol 16-19 ◽  
pp. 941-945
Author(s):  
Gui He Wang ◽  
Peng Cheng Su ◽  
Hu Li ◽  
Wan Shan Wang
Keyword(s):  
Automated Negotiation ◽  
Multilateral Negotiation ◽  
Agent Based ◽  
Negotiation Strategies ◽  
Multilateral Negotiations ◽  
Bilateral Contracts ◽  
Automatic Negotiation ◽  
Multi Agent ◽  
Negotiation Mechanism ◽  
Agent Structure

The concept of agent and multi-agent was introduced. The agent structure, negotiation strategies, and the negotiation mechanism were also researched. Based multi-agent, an automated negotiation method for bilateral contracts is proposed, which can efficiently carry out multilateral negotiations with multi-attributes in distributed environments. This framework supports efficiently multilateral negotiation. In the end, the negotiation is conducted and demonstrated that multi-agent can improve negotiation efficiency by saving negotiation time and cost.

scholarly journals A Faithful Mechanism for Incremental Multi-Agent Agreement Problems with Self-Interested and Privacy-Preserving Agents

2021 ◽  
Vol 2 (4) ◽  
Author(s):  
Farzaneh Farhadi ◽  
Nicholas R. Jennings
Keyword(s):  
Information Leakage ◽  
Optimal Strategies ◽  
Privacy Preserving ◽  
Limited Attention ◽  
Limited Information ◽  
Multi Agent Systems ◽  
Negotiation Strategies ◽  
Multi Agent ◽  
Theoretical And Numerical Analysis ◽  
Negotiation Mechanism

AbstractDistributed multi-agent agreement problems (MAPs) are central to many multi-agent systems. However, to date, the issues associated with encounters between self-interested and privacy-preserving agents have received limited attention. Given this, we develop the first distributed negotiation mechanism that enables self-interested agents to reach a socially desirable agreement with limited information leakage. The agents’ optimal negotiation strategies in this mechanism are investigated. Specifically, we propose a reinforcement learning-based approach to train agents to learn their optimal strategies in the proposed mechanism. Also, a heuristic algorithm is designed to find close-to-optimal negotiation strategies with reduced computational costs. We demonstrate the effectiveness and strength of our proposed mechanism through both game theoretical and numerical analysis. We prove theoretically that the proposed mechanism is budget balanced and motivates the agents to participate and follow the rules faithfully. The experimental results confirm that the proposed mechanism significantly outperforms the current state of the art, by increasing the social-welfare and decreasing the privacy leakage.

scholarly journals Management of local Citizen Energy Communities and Bilateral Contracting in Multi-Agent Electricity Markets

Smart Cities ◽  
2021 ◽  
Vol 4 (4) ◽  
pp. 1437-1453
Author(s):  
Hugo Algarvio
Keyword(s):  
Electricity Markets ◽  
Electricity Sector ◽  
Solar Photovoltaic ◽  
Wholesale Market ◽  
Negotiation Strategy ◽  
Agent Based ◽  
Bilateral Agreements ◽  
Bilateral Contracts ◽  
Multi Agent ◽  
Derivatives Markets

Over the last few decades, the electricity sector has experienced several changes, resulting in different electricity markets (EMs) models and paradigms. In particular, liberalization has led to the establishment of a wholesale market for electricity generation and a retail market for electricity retailing. In competitive EMs, customers can do the following: freely choose their electricity suppliers; invest in variable renewable energy such as solar photovoltaic; become prosumers; or form local alliances such as Citizen Energy Communities (CECs). Trading of electricity can be done in spot and derivatives markets, or by bilateral contracts. This article focuses on CECs. Specifically, it presents how agent-based local consumers can form alliances as CECs, manage their resources, and trade on EMs. It also presents a review of how agent-based systems can model and support the formation and interaction of alliances in the electricity sector. The CEC can trade electricity directly with sellers through private bilateral agreements. During the negotiation of private bilateral contracts, the CEC receives the prices and volumes of their members and according to its negotiation strategy, tries to satisfy the electricity demands of all members and reduce their costs for electricity.

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