Price Negotiator E-commerce Chattbot On Php

Price Negotiator E-Commerce Chat Bot

Abstract

Agent based automated negotiation can give a flexible instead of a fixed price in e-commerce, and can maximize the payoffs of both buyer and seller. It can be seen as an ideal and efficient mechanism for business. We point out that the automated negotiation is still in its infant stage, because there are still some difficulties in this field. Electronic negotiations are becoming an important research subject in the area of electronic commerce. Decision analysis and especially multi attributive utility theory play an important role for the support of electronic negotiations. The preferences are usually represented as a utility function on the set of alternatives such that the user prefers an alternative exactly when it has higher utility. Successful experience of the human traditional negotiation is the valuable learning resources of automatic negotiation. Automated negotiation model can learn from past experience in negotiation, reason, and give a reasonable choice of negotiations on a new strategy.