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Negotiation is a technique for reaching a mutually beneficial agreement among autonomous entities. In an Internet-based services context, multiple entities are negotiating simultaneously. The concurrent negotiation protocol extends existing negotiation protocols, letting both service requestors and service providers manage several negotiation processes in parallel. Colored Petri nets, which have greater expressive power than finite state machines and offer support for concurrency, represent the negotiation protocol and facilitate the analysis of desirable properties
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Dang et al. (2006) studied this question.
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