Modeling e-negotiation activities with Petri nets

Electronic negotiation involves two or more agents multilaterally bargaining for mutual gain, using information technologies in a cooperative problem-solving (CPS) environment. Most of the existing work deals with the development of strategies for supporting negotiation activities in a pre-defined problem structure. In this paper, we focus on the information flow among the different entities of e-negotiation. We present a Petri net-based generic framework for modeling e-negotiation. Our approach provides a theoretical framework for studying e-negotiation activities at a conceptual and logical level.

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