Research On Electronic Market Based On Agent Technology

With the rapid development of global trading, China's international status has been rising. Iron and steel industry as one of the major focus of the national economy plays a critical role in promoting national development and consolidating the China's global status. Comparing to the rapid development of the domestic steel industry, the Chinese iron ore production was slightly insufficient. The mainly domestic demand of iron ore has been met through imports. Data from National Bureau of Statistics show that China imported a total of 515 million tons of iron ore from January to October, which was an increase of 36.8% comparing to the same period last year. The amount of imports each month except January exceeded the highest monthly amount last year. The iron ore imports reached 64.55 million tons in September, which formed a historical record.Iron ore as the lifeblood of the steel industry, the market has always been a global pricing. Half of the production costs of iron and steel came from procurement of iron ore, therefore, the change of price of iron ore were crucial to the survival of the industry. China has high iron ore import demand and lower domestic iron ore production, which made the country at a disadvantageous situation in the international iron ore talks. The disadvantage made China a price taker and constrained the development of the country.Electronic market is an innovative product of the rapid development of Internet technology. In the era of rapid development of the Internet, e-commerce is no doubt a trend of various transactions with its great features such as low cost, high scalability, high degree of concentration and accuracy. According to statistic data, there are more than 80% of companies in the developed countries like the United States are gradually in transition to the field of electronic markets. In 2010, B2B e-market transaction volume reached 3.4 billion. Under the current highly competitive economy, only by adopting the online transactions could make companies an invincible position in the competition.Based on the above background, the electronic market technology was studied in this paper so as to apply to the more important and more complex trade such as the procurement of iron ore. Agent technology and electronic market was combined in this study. Literature study, empirical research, qualitative analysis, cross-study method, derived model approach, information study were utilized, and artificial intelligence neural network technology, statistics and decision analysis, mathematical models and algorithms, game theory, mechanism design technology were combined, so that proposed a set of buyers and sellers Agent (related to property buyers and sellers to collect is the only Agent System for data exchange with the outside channel .), search Agent (to the greatest degree of buyer-seller matching information), consultation Agent (the use of artificial neural network technology, according to the needs of both automated negotiation, the final feasible solutions to provide domain) to assess the Agent (by Game Theory mechanism design theory, in the domain to find a feasible solution and the largest buyers and sellers gain the optimal solution) as one of the neural network system, the problem is converted into make the deal(overall objective ) which reach the most buyers and sellers trading mechanism, based on the buyer and the seller gives the subjective conditions and the actual environment, the objective conditions, the ultimate goal of a specific constraints, the optimal set of specific mechanisms to achieve the best mechanism to resolve them related issues.