I hereby nominate the following Master's thesis:
Martin Kristell. "Managing network loads with agent technology", MSE-2002:12, Blekinge Institute of Technology, 2002.
A solid thesis which includes components both basic research and applied research. The work also led to publishable results, see S. Johansson, P. Davidsson and M. Kristell. "Four Multi-Agent Architectures for Intelligent Network Load Management", Mobile Agents for Telecommunication Applications, LNCS Vol. 2521, Springer Verlag, 2002.Paul Davidsson