Using Option Pricing to Value Commitment Flexibility in Multi-agent Systems 1

  title={Using Option Pricing to Value Commitment Flexibility in Multi-agent Systems 1},
  author={Katia P. Sycara},
With the explosive growth of internet activity, there will b e an increasing reliance on intelligent software agents for electronic commerce and informati on retrieval. Such multi-agents systems will be comprised of self-motivated agents that int eract with each other though negotiation and task delegation. Multi-agent technology m odels and facilitates these interactions through automated contracting. We develop a domain independent computational model to study in a uniform manner many complex… CONTINUE READING


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