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Thursday, January 07, 2010

Automated Negotiating Agents

Can Automated Agents Proficiently Negotiate With Humans? ... Exciting research in the design of automated negotiators is making great progress. From CACM.

While the ability to negotiate successfully is critical for any social interaction, the act of negotiation is not an easy task. Something that might be perceived as a "simple" case of a single-issue bilateral bargaining over a price in the marketplace can demonstrate the difficulties that arise during the negotiation process. In fact, it may demonstrate the complexity of negotiation and the modeling of the environment. Each of the two sides has his or her own preferences, which might or might not be known to the other party. And if some of these preferences conflict, reaching an agreement requires a certain degree of cooperation or concession ... '.

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