Automated dynamic negotiation of electronic service contracts

Details Automated dynamic negotiation of electronic service contracts Automated dynamic negotiation of electronic service contracts

2001-03-29

2009-02-10

Kazimi, Hani (Department: 3691)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S080000

Reexamination Certificate

active

07490058

ABSTRACT:
A method for automating contract negotiation between a plurality of parties over a communications network. The parties communicate and agree upon a negotiation protocol before commencing the negotiation in a meta contract that is formed to govern or control the negotiation process. The automatic negotiation may include at least one sub negotiation. Machine-executable rules are specified to enable an automatic negotiation to take place between servers over a communications network. A successful negotiation may result in the formation of an electronic commerce contract. Each party may maintain the contract state of the overall negotiation, which may take place among two or more parties, wherein at least one party may be represented by a broker. Thus, complex negotiations may be handled automatically by the inventive method. The negotiation may be conducted semi-automatically to allow for human intervention in the negotiation process.

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Su, S., C. Huang, and J. Hammer, “A Replicable Web-Based Negotiation Server for E-Commerce”, Proceedings of the Thirty-Third Hawaii International Conference on System Sciences (HICSS-33)—vol. 8, IEEE Computer Society, Hawaii, USA, 2000.
Robinson, W.N. and S. Volkov, “Supporting the Negotiation Life-Cycle,” ACM, Communicaitons of the ACM, vol. 41 (5) pp. 95-102, 1998.

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