Agent-based modeling (ABM) is a powerful technique for simulating the actions and interactions of autonomous individuals to assess emerging system level patterns. An ABM consists of a collection of autonomous and heterogeneous agents interacting with attributes or states of other agents and the environment. The agents have also access to past and current values of their own state variables. Negotiation is one of the most common means for resolving conflicts and facilitating individual interactions. This deliverable reports on modelling automated negotiation by using an ABM tool in order to simulate the human negotiation process.