Managing Information in Automated Bilateral Negotiation
JK Debenham · OPUS - Open Publications of UTS Scholars (University of Technology Sydney) · 2004
Negotiation between two trading agents is as much an information exchange process as it is an offer exchange process. To avoid the problems of natural language understanding, this information is represented in predicate logic and organised into lattice structures. The negotiation process aims to reach informed decisions in eMarket bargaining by integrating the exchange of offers and the acquisition and exchange of information drawn from the environment. Negotiation proceeds by a loose alternating offers protocol that is intended to converge when the agents believe that they are fully informed. The eNegotiation framework is a prototype for developing agents that exploit an information-rich environment in one-to-one negotiation. This work is part of a program that is investigating deeper issues of market evolution and business network development in an immersive, virtual worlds eMarket environment.