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Automated product pricing using argumentation

Moraitis Pavlos, Spanoudakis Nikolaos I.

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URI: http://purl.tuc.gr/dl/dias/EE891589-A43E-441D-AA93-39DD62C8E160
Year 2009
Type of Item Conference Full Paper
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Bibliographic Citation N. Spanoudakis, P. Moraitis, "Automated Product Pricing Using Argumentation", in Proceedings of the 5th IFIP Conference on Artificial Intelligence Applications and Innovations, 23-25 April 2009.
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Summary

This paper describes an argumentation-based approach for automatingthe decision making process of an autonomous agent for pricing products. Productpricing usually involves different decision makers with different - possibly conflicting- points of view. Moreover, when considering firms in the retail businesssector, they have hundreds or thousands of products to apply a pricing policy. Ourapproach allows for applying a price policy to each one of them by taking into accountdifferent points of view expressed through different arguments and the dynamicenvironment of the application. This is done because argumentation is areasoning mechanism based on the construction and the evaluation of interactingconflicting arguments. We also show how we conceived and developed our agentusing the Agent Systems Engineering Methodology (ASEME).

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