In this paper, we present a detailed description of intelligent software agents. We depict both search as well as negotiation agents and show how the use of theoretical concepts previously exclusive to the economic theory of bargaining and auctions can immensely improve their performance. We...

We consider the mechanism design problem when agents' types are multidimensional and continuous, and their valuations are interdependent. If there are at least three agents whose types satisfy a weak correlation condition, then for any decision rule there exist balanced transfers that render...