TitleAutomated negotiation : prospects, methods and challenges
Publication TypeJournal Article
Year of Publication2001
AuthorsJennings NR, Faratin P, Lomuscio A.R, Parsons S, Wooldridge M, Sierra C
JournalGroup Decision and Negotiation

An increasing number of computer systems are being viewed in terms of 'autonomous agents'. There are two main drivers to this trend. Firstly, agents are being advocated as a next generation model for engineering complex, distributed systems (Jennings 2000; Wooldridge 1997). Secondly, agents are being used as an overarching framework for bringing together the component AI subdisciplines that are necessary to design and build intelligent entities (Nilsson 1998; Russel and Norvig 1995). While trere is still much debate about the precise nature of agenthood, an increasing numer of researchers find the following characterisation useful (Wooldridge 1997):'an agent is an encapsulated computer system that is situated in some environment and that is capable of flexible, autonomous action in that environment in order to meet its design objectives.