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Minimal-Intelligence Agents for Bargaining Behaviors in Market-Based Environments

Overview This report describes simple mechanisms that allow autonomous software agents to engage in bargaining behavoirs in market-based environments. Groups of agents with such mechanisms could be used in applications including market-based control, internet commerce, and economic modelling. After an introductory discussion of the rationale for this work, and a brief overview of key concepts from economics, work in market-based control is reviewed to highlight the need for bargaining agents.

Further White Paper Details
Publisher	HP Labs	File Format	PDF, requires Acrobat Rdr 5
Date Published	August 2003	Downloads	6
Format	White Papers
Topics	Economic Modeling, Online Trading

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