The Management Engineering Postgraduate Program (PPGEP) of UFPE will promote the lecture “Time Preferences in Electronic Negotiation: Models, Results and Applications” on Friday 11/12 at 10am in the auditorium Newton Maia of CTG, taught by Professor RP Sundarraj. The event is open to the public.
R. P. Sundarraj is currently a Professor at IIT-Madras, and has prior to that, held tenured faculty positions at the University of Waterloo, Canada, and Clark University in Massachusetts, USA. Professor Sundarraj has published in various IEEE/ACM Transactions, Mathematical Programming, Operations Research Letters, and European Journal of Operational Research. In addition, he has consulted for Fortune 100 companies and serves on the editorial boards of journals such as IEEE Transactions on Engineering Management.
Abstract
The concept of electronic negotiation is not new and has been proposed as early as 1990s. Ever since, researchers have developed a number of Internet-based systems to support activities in the pre-negotiation, negotiation and post-negotiation phases, including the making of recommendations for suitable products/services, evaluating and making offers, and helping support post-negotiated settlements. At a fundamental level, all these activities entail the elicitation of some form of user-preference. However, one preference that has not been seen in the electronic negotiation literature is time preference, wherein the price of the product/service varies with respect to when it is delivered. There has been a long-standing stream of literature on characterizing and modeling time-preference. The purpose of this talk will be to describe the modeling, effectiveness and applications of incorporating time-preferences into electronic negotiations.