Acceptance conditions in automated negotiation

In every negotiation with a deadline, one of the negotiating parties has to accept an offer to avoid a break off. A break off is usually an undesirable outcome for both parties, therefore it is important that a negotiator employs a proficient mechanism to decide under which conditions to accept. When designing such conditions one is faced with the acceptance dilemma: accepting the current offer may be suboptimal, as better offers may still be presented. On the other hand, accepting too late may prevent an agreement from being reached, resulting in a break off with no gain for either party. Motivated by the challenges of bilateral negotiations between automated agents and by the results and insights of the automated negotiating agents competition (ANAC), we classify and compare state-of-the-art generic acceptance conditions. We focus on decoupled acceptance conditions, i.e. conditions that do not depend on the bidding strategy that is used. We performed extensive experiments to compare the performance of acceptance conditions in combination with a broad range of bidding strategies and negotiation domains. Furthermore we propose new acceptance conditions and we demonstrate that they outperform the other conditions that we study. In particular, it is shown that they outperform the standard acceptance condition of comparing the current offer with the offer the agent is ready to send out. We also provide insight in to why some conditions work better than others and investigate correlations between the properties of the negotiation environment and the efficacy of acceptance condition

Measuring the performance of online opponent models in automated bilateral negotiation

n important aim in bilateral negotiations is to achieve a win-win solution for both parties; therefore, a critical aspect of a negotiating agent’s success is its ability to take the opponent’s preferences into account. Every year, new negotiation agents are introduced with better learning techniques to model the opponent. Our main goal in this work is to evaluate and compare the performance of a selection of state-of-the-art online opponent modeling techniques in negotiation, and to determine under which circumstances they are beneficial in a real-time, online negotiation setting. Towards this end, we provide an overview of the factors influencing the quality of a model and we analyze how the performance of opponent models depends on the negotiation setting. This results in better insight into the performance of opponent models, and allows us to pinpoint well-performing opponent modeling techniques that did not receive much previous attention in literature