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New mechanisms for mixing time-and behaviour-dependent tactics in negotiation strategies

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conference contribution
posted on 2024-07-09, 18:47 authored by Jan Richter, Ryszard Kowalczyk
This paper studies three different mixing mechanisms for creating negotiation strategies out of single tactics. It shows that a mechanism introduced by Faratin et al [5] can result in a non-monotonic behaviour in a negotiation strategy in some scenarios where the time-and behavior-dependent tactics are mixed. In single issue negotiations this behaviour seems irrational and the paper proposes an additional simple constraint to solve that problem. Moreover two new mixing mechanisms are introduced and discussed: one based on individual negotiation threads of all imitative tactics and one based on single concessions. Results of an experiment demonstrate that the two new methods gain on average higher utilities than the constrained original method but at the same time can increase the risk to fail negotiation in some scenarios.

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ISBN

9780769534961

Journal title

Proceedings - 2008 IEEE/WIC/ACM International Conference on Intelligent Agent Technology, IAT 2008

Conference name

2008 IEEE/WIC/ACM International Conference on Intelligent Agent Technology, IAT 2008

Volume

2

Pagination

4 pp

Publisher

IEEE

Copyright statement

Copyright © 2008 IEEE. The published version is reproduced in accordance with the copyright policy of the publisher. Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE.

Language

eng

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