... this paper reports on the development of a heuristic decision making framework that an autonomous agent can exploit to tackle the problem of bidding across multiple auctions with varying start and end times and with varying protocols (including English, Dutch and Vickrey). The framework is flexible, configurable, and enables the agent to adopt varying tactics and strategies that attempt to ensure that the desired item is delivered in a manner consistent with the user's preferences. Given this large space of possibilities, we employ a genetic algorithm to search (offline) for effective strategies in common classes of environment. The strategies that emerge from this evolution are then codified into the agent's reasoning behaviour so that it can select the most appropriate strategy to employ in its prevailing circumstances. The proposed framework has been implemented in a simulated marketplace environment and its effectiveness has been empirically demonstrated.

this article reports upon the design, implementation and evaluation of our particular trading agent (called SouthamptonTAC) in the 2002 competition

their design objectives are increasingly being developed for a range of e-commerce applications. In this context, automated negotiation is a central concern since it is the de facto means of establishing contracts for goods or services between the agents. Now, in many cases these contracts consist of multiple issues (e.g. price, time of delivery, quantity, quality) which makes the negotiation more complex than when dealing with just price. In particular, e#ective and e#cient multi-issue negotiation requires an agent to have some indication of its opponent's preferences over these issues. However, in competitive domains, such as e-commerce, an agent will not reveal this information and so the best that can be achieved is to learn some approximation of it through the negotiation exchanges. To this end, we explore and evaluate the use of kernel density estimation for this purpose. Specifically, we couch our work in the context of making negotiation trade-o#s and show how our approach can make the negotiation outcome more e#cient for both participants.

Abstract. This paper describes the design and evaluation of SouthamptonSCM,

Abstract. The leap from decision support to autonomous systems has often raised a number of issues, namely system safety, soundness and security. Depending on the field of application, these issues can either be easily overcome or even hinder progress. In the case of Supply Chain Management (SCM), where system performance implies loss or profit, these issues are of high importance. SCM environments are often dynamic markets providing incomplete information, therefore demanding intelligent solutions which can adhere to environment rules, perceive variations, and act in order to achieve maximum revenue. Advancing on the way such autonomous solutions deal with the SCM process, we have built a robust, highly-adaptable and easily-configurable mechanism for efficiently dealing with all SCM facets, from material procurement and inventory management to goods production and shipment. Our agent has been crash-tested in one of the most challenging SCM environments, the trading agent competition SCM game and has proven capable of providing advanced SCM solutions on behalf of its owner. This paper introduces Mertacor and its main architectural primitives, provides an overview of the TAC SCM environment, and discusses Mertacor’s performance.

Virtual Enterprises are a major trend within the B2B scenario. Technological support towards enabling this cooperation model includes the multi-agent systems paradigm. In this paper we identify requirements of Virtual Enterprise contracts, developing a normative framework for contract validation and enforcement. Furthermore, we enclose this conception within the structure of an Electronic Institution, which governs and supports the interaction of agents in business scenarios, providing specific services such as brokering, reputation, negotiation mediation, and contract related services. We focus on electronic contracting as a means of establishing cooperation agreements, and we describe the institution's role on the e-contracting life-cycle.

Software agents are increasingly being used to represent humans in online auctions. Such agents have the advantages of being able to systematically monitor a wide variety of auctions and then make rapid decisions about what bids to place in what auctions. They can do this continuously and repetitively without losing concentration. To provide a means of evaluating and comparing (benchmarking) research methods in this area the trading agent competition (TAC) was established. This competition involves a number of agents bidding against one another in a number of related auctions (operating different protocols) to purchase travel packages for customers. Against this background, this paper describes the design, implementation and evaluation of SouthamptonTAC, one of the most successful participants in both the Second and the Third International Competitions. Our agent uses fuzzy techniques at the heart of its decision making: to make bidding decisions in the face of uncertainty, to make predictions about the likely outcomes of auctions, and to alter the agent's bidding strategy in response to the prevailing market conditions.

This paper reports on a system for automated agent negotiation. It uses the JADE agent framework, and its major distinctive feature is the use of declarative negotiation strategies. The negotiation strategies are expressed in a declarative rules language, defeasible logic and are applied using the implemented defeasible reasoning system DR-DEVICE. The choice of defeasible logic is justified. The overall system architecture is described, and a particular negotiation case is presented in detail. 1.

Available resources can often be limited with regard to the number of demands. In this paper we propose an approach for solving this problem which consists of using the mechanisms of multi-item auctions for allocating the resources to a set of software agents. We consider the resource problem as a market in which there are vendor agents and buyer agents trading on items representing the resources. These agents use multi-item auctions which are viewed here as a process of automatic negotiation, and implemented as a network of intelligent software agents. In this negotiation, agents exhibit different acquisition capabilities which let them act differently depending on the current context or situation of the market. For example, the "richer" an agent is, the more items it can buy, i.e. the more resources it can acquire. We present a model for this approach based on the English auction, then we discuss experimental evidence of such a model.

A wide range of algorithms have been developed for various types of automated negotiation. In developing such algorithms the main focus has been on their efficiency and their effectiveness. However, this is only part of the picture. Agents typically negotiate on behalf of their owners and for this to be effective the agent must be able to adequately represent the owners' preferences. However, the process by which such knowledge is acquired is typically left unspecified. To remove this shortcoming, we present a case study indicating how the knowledge for a particular negotiation algorithm can be acquired. More precisely, according to the analysis on the automated negotiation model, we identified that user trade-off preferences play a fundamental role in negotiation in general. This topic has been addressed little in the research area of user preference elicitation for general decision making problems as well. In a previous paper, we proposed an exhaustive method to acquire user trade-off preferences. In this paper, we developed another method to remove the limitation of the high user workload of the exhaustive method. Although we cannot say that it can exactly capture user trade-off preferences, it models the main commonalities of trade-off relations and reflects users' individualities as well.