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Related Concept Videos

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Related Experiment Videos

Optimizing Negotiation Conflict in the Cloud Service Negotiation Framework Using Probabilistic Decision Making Model.

Rajkumar Rajavel1, Mala Thangarathinam1

  • 1Department of Information Science and Technology, Faculty of Information and Communication Engineering, Anna University, Chennai, Tamil Nadu 600025, India.

Thescientificworldjournal
|November 7, 2015
PubMed
Summary

This study introduces a probabilistic model to reduce negotiation conflicts in cloud services. It optimizes long-term negotiation success and communication by using a multistage Markov decision process for heuristic decision-making.

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Area of Science:

  • Computer Science
  • Artificial Intelligence
  • Operations Research

Background:

  • Negotiation conflict in cloud service agreements is a significant challenge.
  • Existing methods for conflict optimization rely on similarity approaches, with limited long-term effectiveness.
  • Causes of conflict include misperception, aggression, and uncertain participant goals.

Purpose of the Study:

  • To develop a novel probabilistic decision-making model for optimizing negotiation conflict in long-term cloud service agreements.
  • To enhance negotiation success rates and minimize communication overhead.
  • To address limitations of existing similarity-based approaches.

Main Methods:

  • Formulation of negotiation conflict management as a multistage Markov decision problem.
  • Development of a probabilistic decision model utilizing past negotiation state information.
  • Application of heuristic decision-making within a stochastic decision tree scenario.

Main Results:

  • The proposed model generates heuristic decisions at each negotiation stage, preventing negotiation break-offs.
  • The approach optimizes long-term negotiation success and minimizes communication overhead.
  • The model demonstrates potential for maximizing revenue in cloud service negotiations.

Conclusions:

  • A novel probabilistic decision model effectively optimizes negotiation conflict in cloud service frameworks.
  • The multistage Markov decision process offers a robust method for managing complex negotiation dynamics.
  • This research provides a pathway to improved efficiency and profitability in cloud service negotiations.