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Topic

   Human-Agent Negotiation, Decision Making


Abstract

This paper presents the Deniz agent that has been specifically designed to support human negotiators in their bidding. The design of Deniz is done with the criteria of robustness and the availability of small data, due to a small number of negotiation rounds in mind. Deniz’s bidding strategy is based on an existing optimal concession strategy that concedes in relation to the expected duration of the negotiation. This accounts for the small data and small number of rounds. Deniz deploys an adaptive behavior-based mechanism to make it robust against exploitation. We tested Deniz against typical bidding strategies and against human negotiators. Our evaluation shows that Deniz is robust against exploitation and gains statistically significant higher utilities than human test subjects, even though it is not designed specifically to get the highest utility against humans.


Bibtex info

@inproceedings{jonker_deniz_2021,
    address = {Singapore},
    title = {Deniz: {A} {Robust} {Bidding} {Strategy} for {Negotiation} {Support} {Systems}},
    isbn = {978-981-15-5869-6},
    abstract = {This paper presents the Deniz agent that has been specifically designed to support human negotiators in their bidding. The design of Deniz is done with the criteria of robustness and the availability of small data, due to a small number of negotiation rounds in mind. Deniz's bidding strategy is based on an existing optimal concession strategy that concedes in relation to the expected duration of the negotiation. This accounts for the small data and small number of rounds. Deniz deploys an adaptive behavior-based mechanism to make it robust against exploitation. We tested Deniz against typical bidding strategies and against human negotiators. Our evaluation shows that Deniz is robust against exploitation and gains statistically significant higher utilities than human test subjects, even though it is not designed specifically to get the highest utility against humans.},
    booktitle = {Advances in {Automated} {Negotiations}},
    publisher = {Springer Singapore},
    author = {Jonker, Catholijn M. and Aydoğan, Reyhan},
    editor = {Ito, Takayuki and Zhang, Minjie and Aydoğan, Reyhan},
    year = {2021},
    pages = {29--44},
}

Authors
Catholijn M. Jonker, Reyhan Aydoğan

Keywords - tags
Human Agent Negotiation, Negotiation Strategy, Behaviour Based Bidding, Negotiation Support System, Pocket Negotiator

Publication type
Conference paper

Year
2021