Online-Auction Tools Using Multi-agent System

Abstract

Increasing number of online auctions is challenging to those who are looking for good deals. Agent technology can be applied to E-commerce today in order to help users in buying things. Online auctions and negotiations have come quite popular due to their implementation and integration in electronic commerce applications. This system presents an approach to develop bidders, participating in multiple alternative locations, for obtaining an item at the lowest price. The model is used English Auction Protocol where the item for sales is defined by several attributes. In this system, the seller agent is the auctioneer, the buyer agents are bidders. At the beginning of the auction, the seller agent announces all auctions with a starting price and then takes larger and larger bids from buyer agent until no one will increase the bid. Finally, the buyer agent with the highest bid in the last round will win.