A Tit for Tat Negotiation Strategy for Real-Time Bilateral Negotiations
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 negotiation.
KeywordsUtility Function Acceptance Condition Bidding Strategy Acceptance Strategy Negotiation Strategy
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