Logical Foundation and Implementation Technology for Automated Negotiation

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The logic of bargaining is fundamental to understanding human negotiation and multiagent interaction. This project provides a new paradigm of negotiation with the integration of qualitative and quantitative analysis of bargaining processes and enhancement of implementation technologies for negotiation automation and trading agent design. The theoretic approach can be applied to a wide range of areas for the analysis of economic, political and social phenomena. The techniques, algorithms and possible patents generated by the project can be directly used by the Australian IT industry for the development of efficient e-trading systems, allowing Australian business to take advantage of new e-market territories.