An Automated Agent for Bilateral Negotiation with Bounded Rational Agents with Incomplete Information

  title={An Automated Agent for Bilateral Negotiation with Bounded Rational Agents with Incomplete Information},
  author={Raz Lin and Sarit Kraus and Jonathan Wilkenfeld and James Barry},
Many day-to-day tasks require negotiation, mostly under conditions of incomplete information. In particular, the opponent’s exact tradeoff between different offers is usually unknown. We propose a model of an automated negotiation agent capable of negotiating with a bounded rational agent (and in particular, against humans) under conditions of incomplete information. Although we test our agent in one specific domain, the agent’s architecture is generic; thus it can be adapted to any domain as… CONTINUE READING
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