• DocumentCode
    834424
  • Title

    Protocols for negotiating complex contracts

  • Author

    Klein, Mark ; Faratin, Peyman ; Sayama, Hiroki ; Bar-Yam, Yaneer

  • Author_Institution
    MIT, Cambridge, MA, USA
  • Volume
    18
  • Issue
    6
  • fYear
    2003
  • Firstpage
    32
  • Lastpage
    38
  • Abstract
    Research to date on negotiation protocols has focused almost exclusively on defining simple contracts consisting of one or a few independent issues and a relatively small number of possible contracts. Many real-world contracts, in contrast, are much more complex, consisting of multiple interdependent issues and intractably large contract spaces. The family of negotiation protocols we´ve developed make substantial progress toward achieving near-optimal outcomes for negotiations with binary issue dependencies. We propose a simulated annealing-based approach, a refined version based on a parity-maintaining annealing mediator, and an unmediated version of the negotiation protocol.
  • Keywords
    contracts; simulated annealing; software agents; utility theory; binary issue dependency; contract; negotiation protocols; parity-maintaining annealing mediator; simulated annealing-based approach; software agent; utility function; Aggregates; Contracts; Hamming distance; Pareto optimization; Proposals; Protocols; Simulated annealing;
  • fLanguage
    English
  • Journal_Title
    Intelligent Systems, IEEE
  • Publisher
    ieee
  • ISSN
    1541-1672
  • Type

    jour

  • DOI
    10.1109/MIS.2003.1249167
  • Filename
    1249167