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STRATEGIC NEGOTIATION FOR SHARING A RESOURCE
BETWEEN TWO AGENTS *
Author(s) -
Kraus Sarit,
Schechter Orna
Publication year - 2003
Publication title -
computational intelligence
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.353
H-Index - 52
eISSN - 1467-8640
pISSN - 0824-7935
DOI - 10.1111/1467-8640.00212
Subject(s) - negotiation , computer science , simple (philosophy) , mechanism (biology) , resource (disambiguation) , process (computing) , property (philosophy) , knowledge management , operations research , mathematics , computer network , political science , philosophy , epistemology , law , operating system
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.