A Tit for Tat Negotiation Strategy for Real-Time Bilateral Negotiations

@inproceedings{Baarslag2013ATF,
  title={A Tit for Tat Negotiation Strategy for Real-Time Bilateral Negotiations},
  author={Tim Baarslag and Koen V. Hindriks and Catholijn M. Jonker},
  booktitle={Complex Automated Negotiations},
  year={2013}
}
We describe the strategy of our negotiating agent, Nice Tit for Tat Agent, which reached the finals of the 2011 Automated Negotiating Agent Competition. It uses a Tit for Tat strategy to select its offers in a negotiation, i.e.: initially it cooperates with its opponent, and in the following rounds of negotiation, it responds in kind to the opponent’s actions. We give an overview of how to implement such a Tit for Tat strategy and discuss its merits in the setting of closed bilateral… CONTINUE READING

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