Improving E-Trade Auction Volume by Consortium - Distributed Artificial Intelligence, Agent Technology, and Collaborative Applications - page 105

Table 5. Scenario 5

Situation
Point

Condition Outcome

P0 The process t 6 will be tried.

A buyer ( i ) wants product A, 20 ( b

Q ) units for p dollars each.
And there is only one seller wants to sell the product A: the
seller has 100 units and do not want to break the volume.
There are other buyers want same product A too (30, 40, 10).

t 6 A buyer offers 20 units of product A for p dollars each. Move to P5

P5 None of the sellers has the required volume of the buyer. The process t 9 will be tried

t 9 Run algorithm 1. As a result of the algorithm, agents of all

four buyers combine their volumes of the product.

Move to P8

P8 Buyer's consortium state It goes to t 10 .

t 10 4 buyers jointly offer to seller j Move to P5

P5 It goes to t 8

I

∑

b s

Q q =

= 100

i j

i = 1

and it matches with the sum of all four buyers' volume.

t 8 Seller ( j ) accepts the joint offer Move to P7

P7 Buyer and seller's trading volume is met and the transaction

is occurred.

Terminate with transaction

Table 6. Scenario 6

Situation
Point

Condition Outcome

P0

A buyer ( i ) wants product A, 20 ( b

The process t 6 will be tried.

Q ) units for p dollars each.
And there is only one seller wants to sell the product A: the
seller has 100 units and do not want to break the volume.
There are other buyers want same product A too (30, 20, 10).

t 6 A buyer offers 20 units of product A for p dollars each. Move to P5

P5 None of the sellers has the required volume of the buyer. The process t 9 will be tried

t 9 Run algorithm 1. As a result of the algorithm, agents of all

four buyers combine their volumes of the product.

Move to P8

P8 Buyer's consortium state It goes to t 10 .

t 10 4 buyers jointly offer to seller j Move to P5

P5 It goes to t 7

I

∑

Q q

b

≠

s

= 100

i j

i = 1

and it does not match with the sum of all four buyer's
volumes.

t 7 Seller ( j ) rejects the joint offer Move to P6

P6 Buyer and seller's trading volume is not met and no

transaction is occurred.

Terminate without
transaction