• DocumentCode
    2857562
  • Title

    Negotiations with inaccurate payoff values

  • Author

    Matsubara, Shigeo ; Yokoo, Makoto

  • Author_Institution
    NTT Commun. Sci. Labs., Kyoto, Japan
  • fYear
    1998
  • fDate
    3-7 Jul 1998
  • Firstpage
    449
  • Lastpage
    450
  • Abstract
    We have developed a new method for negotiation with inaccurate payoff values. It is difficult to know accurate payoff values because the available resources of each agent are limited. The inaccuracy of payoff values can cause negotiation failure. However, if the agents know the correct values, they can reach an agreement. Advising, i.e. giving self-estimation values to the other agent, is one way to recover from a negotiation failure. Simple methods for incorporating advice into evaluation, such as by arithmetic mean, do not work well because the advisee may seriously suffer from deception. In order to overcome this drawback, we propose a method that incorporates advice into evaluation. This method is based on similarity between the adviser´s estimation and the advisee´s estimation. Our method is efficient and can suppress deception fairly well so agents are motivated to adopt this method. Our experiments use example problems, and the results show that our method is efficient and gives an incentive to adopt itself.
  • Keywords
    cooperative systems; software agents; available resources; inaccurate payoff values; negotiation failure; self-estimation values; Arithmetic; Artificial intelligence; Computational intelligence; Estimation error; Game theory; Intelligent agent; Laboratories; Software agents;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Multi Agent Systems, 1998. Proceedings. International Conference on
  • Print_ISBN
    0-8186-8500-X
  • Type

    conf

  • DOI
    10.1109/ICMAS.1998.699280
  • Filename
    699280