| 1 | The ABMP (Agent-Based Market Places) strategy belongs to the type of strategies that do not model an opponent. The ABMP strategy is a concession-oriented negotiation strategy, that decides on a negotiation move based on |
| 2 | considerations derived from the agent's own utility space only. It calculates a |
| 3 | utility of a next offer, called ''target utility'', based on the current |
| 4 | utility gap between the last opponent's offer and the last own offer. To |
| 5 | determine the next offer the target utility is propagated to the individual |
| 6 | issues taking into account the weights of the issues in the agent's preferences |
| 7 | profile. The ABMP strategy can be fine-tuned with a number of parameters, such as |
| 8 | the negotiation speed, concession factor, configuration tolerance and others. |