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Case Study: Bilateral Multi-atribute Negotiation based on Autonomous Software Agents

Ana Bologa

Informatica Economica, 2006, vol. X, issue 2, 37-42

Abstract: We intended to analyze the behavior of an agent-based market where agents apply various negotiation strategies: competitive, collaborative, compromising, accommodating, avoiding. A feedback mechanism was introduced in order to take somehow into consideration the importance of inter-agent relationships. The experimental results where evaluated based on the total utility and on the distribution of utility among agents and they proved that competitive agents got the best utilities, not only for themselves, but also for the total utility of the negotiation in which they were involved.

Keywords: bilateral negotiation; software agent; automated negotiation (search for similar items in EconPapers)
Date: 2006
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