Strategic negotiation for sharing a resource between two agents

Sarit Kraus, Orna Schechter

Research output: Contribution to journalArticlepeer-review

13 Scopus citations

Abstract

In this article, we propose a strategic negotiation model that enables self-motivated rational agents to share resources. The strategic negotiation model takes the passage of time during the negotiation process itself into account. The model considers bilateral negotiations in situations characterized by complete information, in which one agent loses over time whereas the other gains over time. Using this negotiation mechanism, autonomous agents apply simple and stable negotiation strategies that result in efficient agreements without delay, even when there are dynamic changes in the environment. Simulation results show that our mechanism performs as well as a centralized scheduler and also has the property of balancing the resources' usage.

Original languageEnglish
Pages (from-to)9-41
Number of pages33
JournalComputational Intelligence
Volume19
Issue number1
DOIs
StatePublished - Feb 2003

Keywords

  • Automated negotiations
  • Multiagent systems
  • Resource allocation

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