A reputation-aided negotiation mechanism for multi-agent society based on blockchain

【Author】 Niu, Lei; Cai, Qihang; Li, Kai; Ren, Fenghui; Yu, Xinguo

【Source】ENGINEERING APPLICATIONS OF ARTIFICIAL INTELLIGENCE

【影响因子】7.802

【Abstract】In an economic market, participants usually need to conduct negotiations to complete commercial trades. With the constant expansion of the economic scale, it has become much more difficult to select good candidates as the negotiation opponents among all participants with varied behaviors in a market. Moreover, economic markets often suffer from a monopoly problem, which creates barriers for competitors to enter the market and leading to unfair consumer practices. To overcome the above issues, this paper (1) proposes a reputation-aided negotiation mechanism for multiple participants in the market based on the blockchain technique and multi- agent system; and (2) implements a system that applies the proposed mechanism, which is a specific Artificial Intelligence (AI) application of the combination of multi-agent system and blockchain. These AI agents leverage sophisticated reputation systems to evaluate the reliability and historical behaviors of potential trade partners, thereby enriching the negotiation decision-making process. The integration of agents and reputation-based mechanisms into blockchain-based systems has the following significance: (1) market participants stand to benefit from streamlined and trustworthy negotiations; (2) pushing all participants in the market to proactively improve their behaviors to increase their profits and market shares; (3) the implementation of a novice protection method within this framework serves to counteract the detrimental effects of monopolies, fostering a more equitable and competitive market landscape for all participants. Overall, the fusion of reputation-aided negotiation mechanisms with implemented AI presents a promising approach to enhancing market dynamics, promoting fair competition, and incentivizing positive behaviors among participants in economic markets.

【Keywords】Multi-agent system; Multiple negotiations; Reputation; Blockchain-based application; Implemented artificial intelligence

【发表时间】2024 DEC

【收录时间】2024-10-23

【文献类型】案例研究

【主题类别】

区块链治理-技术治理-其他