An Electronic Marketplace Based on Game Theory

To improve the efficiency of auction-based negotiation system in e-marketplace, this paper presents a model of game agent for auction-based negotiation, a bid negotiation algorithm based on game theory and a framework of game-based electronic marketplace. It provides a new effective way to establish buyer game agents for making buyer agent bid more rationally and a game negotiation agent system for e-marketplace. Experiments show that the new way has achieved good results.