• Home
  • Search
  • A BOA-based adaptive strategy with multi-party perspective for automated multilateral negotiations
  • Cite Icon12
  • https://doi.org/10.1007/s10489-020-01646-yCopy DOI Icon

A BOA-based adaptive strategy with multi-party perspective for automated multilateral negotiations

Show More
  • Abstract
  • Literature Map
  • References
  • Citations
  • Similar Papers
Abstract

Determining an effective strategy for intelligent agents in multilateral negotiations is a more complicated problem than in bilateral negotiations. In order to achieve an optimal and beneficial agreement the agent needs to consider the behavior and desired utility of more than one opponent, determine a concession tactic based on a smaller agreement space, and use a computationally efficient mechanism for generating optimal offers. However, a mere extension of bilateral negotiation strategies cannot be effective in multilateral negotiations because the nature of most bilateral negotiation strategies is based on interaction with only one opponent and tracking a single behavior during the negotiation process. In this paper, we propose an adaptive approach based on a multi-party perspective to determine multilateral negotiation strategy. The proposed approach applies the BOA framework (Bidding, Opponent model, and Acceptance) and dynamically models the opponents’ preference profiles. In order to estimate the obtainable utility from opponents and help find a good offer, the agent uses an ensemble model made by individual frequency-based opponent models and a different level of attention to each party’s behavior. The proposed approach also implements a bidding strategy which applies the opponents’ desirable utility to adapt the agent’s concession tactic and produce appropriate offers. The results of experimental evaluations on various negotiation scenarios against the state of the art multilateral negotiation strategies show that our proposed strategy can provide superior performance in both individual utility and social welfare and lead to more optimal and fairer agreements.

Similar Papers
  • Supplementary Content
  • Citations23

What to Bid and When to Stop

  • Sep 18, 2014
  • Research Repository (Delft University of Technology)
  • Tim Baarslag
  • Research Article
  • Citations26

An efficient and robust negotiating strategy in bilateral negotiations over multiple items

  • Jun 03, 2014
  • Engineering Applications of Artificial Intelligence
  • Jianye Hao +3
  • Book Chapter
  • Citations62

Decoupling Negotiating Agents to Explore the Space of Negotiation Strategies

  • Jan 01, 2014
  • Tim Baarslag +4
  • Research Article
  • Citations4

An Exploration of a Model of Social Networks and Multilateral Negotiations

  • Jul 09, 2009
  • Negotiation Journal
  • R Bruce Money +1
  • Conference Article
  • Citations2

Coevolving near-optimal strategies for negotiation with incomplete information using a diversity controlling GA

  • Aug 01, 2010
  • Jeonghwan Gwak +1
  • PDF
  • Research Article
  • Citations17

A real-world inspired multi-strategy based negotiating system for cloud service market

  • Sep 20, 2018
  • Journal of Cloud Computing
  • Sepideh Adabi +2
  • Supplementary Content

The political economy of Thailand's international trade negotiations : some multilateral and bilateral issues

  • Jan 01, 1999
  • SOAS Research Online (SOAS University of London)
  • Wuthiya Saraithong
  • Book Chapter
  • Citations1

Opponent Modeling with Information Adaptation (OMIA) in Automated Negotiations

  • Jan 01, 2017
  • Yuchen Wang +2
  • Research Article
  • Citations31

Business insiders and environmental outsiders? Advocacy strategies in international climate change negotiations

  • Aug 13, 2013
  • Interest Groups & Advocacy
  • Carola Betzold
  • Research Article
  • Citations19

Six-Party Talks and Negotiation Strategy: When Do We Get There?

  • Jul 09, 2009
  • International Negotiation
  • Virginie Grzelczyk
  • Research Article
  • Citations164

Deliberately Changing the Discourse: What Does Make Arguing Effective?

  • Aug 15, 2005
  • Acta Politica
  • Cornelia Ulbert +1
  • Research Article

Linkages between Bilateral and Multilateral Negotiations in Agriculture

  • Dec 01, 1987
  • American Journal of Agricultural Economics
  • T K Warley
  • Conference Article
  • Citations4

An Extended Unified Negotiation Model for E-commerce Systems

  • Dec 01, 2008
  • T Kijthaweesinpoon +1
  • Research Article
  • Citations1

FROM MULTILATERAL NEGOTIATIONS TO BILATERAL AND REGIONAL NEGOTIATIONS: THE EFFECT OF DOHA STALLING

  • Jun 10, 2011
  • Revista Civilizar de Empresa y Economía
  • Juan Manuel Gil
  • Conference Article

Architecture of Next Generation of E-Commerce with Fuzzy-GA-Based Negotiator Agents

  • Jun 01, 2007
  • Mahdi Setayesh +1
Cactus Communications logo

Copyright 2026 Cactus Communications. All rights reserved.