A Novel Strategy for Efficient Negotiation in Complex Environments

  • Siqi Chen
  • Gerhard Weiss
Conference paper

DOI: 10.1007/978-3-642-33690-4_8

Part of the Lecture Notes in Computer Science book series (LNCS, volume 7598)
Cite this paper as:
Chen S., Weiss G. (2012) A Novel Strategy for Efficient Negotiation in Complex Environments. In: Timm I.J., Guttmann C. (eds) Multiagent System Technologies. MATES 2012. Lecture Notes in Computer Science, vol 7598. Springer, Berlin, Heidelberg

Abstract

A complex and challenging bilateral negotiation environment for rational autonomous agents is where agents negotiate multi-issue contracts in unknown application domains against unknown opponents under real-time constraints. In this paper we present a novel negotiation strategy called EMAR for this kind of environment which is based on a combination of Empirical Mode Decomposition (EMD) and Autoregressive Moving Average (ARMA). EMAR enables a negotiating agent to adjust its target utility and concession rate adaptively in real-time according to the behavior of its opponent. The experimental results show that this new strategy outperforms the best agents from the latest Automated Negotiation Agents (ANAC) Competition in a wide range of application domains.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  • Siqi Chen
    • 1
  • Gerhard Weiss
    • 1
  1. 1.Department of Knowledge EngineeringMaastricht UniversityMaastrichtThe Netherlands

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