DocumentCode
1575040
Title
Automated Bilateral Multiple-issue Negotiation with No Information About Opponent
Author
Ronghuo Zheng ; Chakraborty, Nilanjan ; Tinglong Dai ; Sycara, Katia ; Lewis, Marlon
Author_Institution
Robot. Inst., Carnegie Mellon Univ., Pittsburgh, PA, USA
fYear
2013
Firstpage
520
Lastpage
527
Abstract
In this paper, we investigate offer generation methods for automated negotiation on multiple issues with no information about the opponent´s utility function. In existing negotiation literature, it is usually assumed that an agent has full information or probabilistic beliefs about the other agent´s utility function. However, it is usually not possible for agents to have complete information about the other agent´s preference or accurate probability distributions. We prove that using an alternating projection strategy, it is possible to reach an agreement in general automated multi-attribute negotiation, where the agents have nonlinear utility functions and no information about the utility function of the other agent. We also prove that rational agents do not have any incentive to deviate from the proposed strategy. We further present simulation results to demonstrate that the solution obtained from our protocol is quite close to the Nash bargaining solution.
Keywords
game theory; incentive schemes; multi-agent systems; statistical distributions; Nash bargaining solution; agent utility function; alternating projection strategy; automated bilateral multiple-issue negotiation; automated multiattribute negotiation; information beliefs; nonlinear utility functions; opponent utility function; probabilistic beliefs; probability distributions; Bayes methods; Biological system modeling; Convergence; Economics; Educational institutions; Games; Protocols;
fLanguage
English
Publisher
ieee
Conference_Titel
System Sciences (HICSS), 2013 46th Hawaii International Conference on
Conference_Location
Wailea, Maui, HI
ISSN
1530-1605
Print_ISBN
978-1-4673-5933-7
Electronic_ISBN
1530-1605
Type
conf
DOI
10.1109/HICSS.2013.626
Filename
6479897
Link To Document