@inproceedings{baber:2002:EuroGP, title = {Evolutionary Algorithm Approach to Bilateral Negotiations}, address = {Kinsale, Ireland}, author = {Vinaysheel Baber and Rema Ananthanarayanan and Krishna Kummamuru}, booktitle = {Genetic Programming, Proceedings of the 5th European Conference, EuroGP 2002}, editor = {James A. Foster and Evelyne Lutton and Julian Miller and Conor Ryan and Andrea G. B. Tettamanzi}, month = {3-5 April}, pages = {202--211}, publisher = {Springer-Verlag}, series = {LNCS}, volume = {2278}, year = {2002}, biburl = {http://www.bibsonomy.org/bibtex/22413f55377f3d48ff11acd1b40d022a1/brazovayeye}, abstract = {The Internet is quickly changing the way business-to-consumer and business-to-business commerce is conducted. The technology has created an opportunity to get beyond single-issue negotiation by determining sellers' and buyers' preferences across multiple issues, thereby creating possible joint gains for all parties. We develop simple multiple issue algorithms and heuristics that could be used in electronic auctions and electronic markets. In this study, we show how a genetic algorithm based technique, coupled with a simple heuristic can achieve good results in business negotiations. The negotiations' outcomes are evaluated on two dimensions: joint utility and number of ex-changes of offers to reach a deal. The results are promising and indicate possible use of such approaches in actual electronic commerce systems.}, publisher_address = {Berlin}, isbn = {3-540-43378-3}, notes = {EuroGP'2002, part of \cite{lutton:2002:GP}}, keywords = {algorithms, genetic programming } }