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Towards genetically optimised responsive negotiation agents

Lau, Raymond Y. K., Tang, Maolin, & Wong, On (2004) Towards genetically optimised responsive negotiation agents. In Zhong, Ning, Bradshaw, Jeffrey, Pal, Sankar K., Talia, Domenico, Liu, Jiming, & Cercone, Nick (Eds.) IEEE/WIC/ACM International Conference on Intelligent Agent Technology, September 2004, Beijing.

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Abstract

Real-world negotiations are characterised by combinatorially complex negotiation spaces, tough deadlines, bounded agent rationality, very limited information about the opponents, and volatile negotiator preferences. Classical negotiation models fail to address most of these issues. This paper illustrates our practical negotiation agents which are empowered by an effective and efficient genetic algorithm to deal with complex, incomplete, and dynamic negotiation spaces arising in real-world applications. Initial experiment demonstrates that our genetically optimised adaptive negotiation agents outperform a theoretically optimal negotiation model when time pressure exists. Our research work opens the door to the development of responsive and adaptive negotiation agents for real-world applications.

Impact and interest:

12 citations in Scopus
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ID Code: 8673
Item Type: Conference Paper
Keywords: genetic algorithm, negotiation, e, commerce
DOI: 10.1109/IAT.2004.1342958
ISBN: 0769521010
Subjects: Australian and New Zealand Standard Research Classification > INFORMATION AND COMPUTING SCIENCES (080000) > ARTIFICIAL INTELLIGENCE AND IMAGE PROCESSING (080100) > Neural Evolutionary and Fuzzy Computation (080108)
Australian and New Zealand Standard Research Classification > INFORMATION AND COMPUTING SCIENCES (080000) > INFORMATION SYSTEMS (080600) > Decision Support and Group Support Systems (080605)
Divisions: Past > QUT Faculties & Divisions > Faculty of Science and Technology
Copyright Owner: Copyright 2004 IEEE
Copyright Statement: Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE.
Deposited On: 17 Jul 2007
Last Modified: 29 Feb 2012 23:09

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