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Automated Multilateral Negotiation on Multiple Issues with Private Information

Zheng, Ronghuo - 2019

In this paper, we propose and analyze a distributed negotiation strategy for a multi-agent multi-attribute negotiation … concede during the negotiation, we propose and analyze a reactive concession strategy. We demonstrate through computational … experiments that our distributed negotiation strategy yields performance sufficiently close to the Nash bargaining solution, and …

Persistent link: https://www.econbiz.de/10012903886

Behavioral Modeling of Sequential Bargaining Games : Fairness and Limited Backward Induction

Qu, Xia - 2013

Experiments show that in sequential bargaining games (SBG), subjects usually deviate from game-theoretic predictions. Previous explanations have focused on considerations of fairness in the offers, and social utility functions have been formulated to model the data. However, a recent explanation...

Persistent link: https://www.econbiz.de/10013078226

Rhetoric in legislative bargaining with asymmetric information

Chen, Ying; Eraslan, Hülya - In: Theoretical economics : TE ; an open access journal in … 9 (2014) 2, pp. 483-513

We analyze a three-player legislative bargaining game over an ideological and a distributive decision. Legislators are privately informed about their ideological intensities, i.e., the weight placed on the ideological decision relative to the weight placed on the distributive decision....

Persistent link: https://www.econbiz.de/10011674460

Matching with Couples Revisited

Ashlagi, Itai; Braverman, Mark; Hassidim, Avinatan - 2010

It is well known that a stable matching in a many-to-one matching market with couples need not exist. We introduce a new matching algorithm for such markets and show that for a general class of large random markets the algorithm will nd a stable matching with high probability. In particular we...

Persistent link: https://www.econbiz.de/10014044528

The Computational Difficulty of Bribery in Qualitative Coalitional Games

Dowell, Andrew; Wooldridge, Michael J.; McBurney, Peter - 2007

Qualitative coalitional games (QCG) are representations of coalitional games in which self interested agents, each with their own individual goals, group together in order to achieve a set of goals which satisfy all the agents within that group. In such a representation, it is the strategy of...

Persistent link: https://www.econbiz.de/10014222511

ETS and Technological Innovation : A Random Matching Model

Antoci, Angelo; Borghesi, Simone; Sodini, Mauro - 2012

The present paper investigates the functioning of an Emission Trading System (ETS) and its impact on the diffusion of environmental-friendly technological innovation in the presence of firms’ strategic behaviors and sanctions to non-compliant firms. For this purpose, we study an evolutionary...

Persistent link: https://www.econbiz.de/10014162888

On the Survival of Some Unstable Two-Sided Matching Mechanisms : An Experimental and Computational Investigation of the Stability Hypothesis

Ünver, M. Utku - 2001

We conduct a laboratory experiment and parallel computational adaptive agent simulations on unraveling of contract dates in two-sided matching markets inspired by the entry-level professional labor markets for medical interns in Britain. Experimental design consists of decentralized and mixed...

Persistent link: https://www.econbiz.de/10014124279

Measuring the External Stability of the One-to-One Matching Generated by the Deferred Acceptance Algorithm

Saglam, Ismail - 2019

In this paper, we consider a one-to-one matching model where the population expands with the arrival of a man and a woman. Individuals in this population are matched, before and after the expansion, according to a version of the deferred acceptance algorithm (Gale and Shapley, 1962) where men...

Persistent link: https://www.econbiz.de/10014107730

The Success of the Deferred Acceptance Algorithm Under Heterogenous Preferences with Endogenous Aspirations

Saglam, Ismail - 2019

In this paper, we consider a one-to-one matching model with two phases; an adolescence phase where individuals meet a number of dates and learn about their aspirations, followed by a matching phase where individuals are matched according to a version of Gale and Shapley's (1962) deferred...

Persistent link: https://www.econbiz.de/10012891354

Does Initial Mispricing Imply Equilibrium Price Overreaction and Wealth Divide?

Miceli, Maria-Augusta - 2013

We discover that letting agents pairwise sequentially exchange at "wrong" prices has a robust effect on prices at convergence. If the initial relative price for a good is cheaper than the equilibrium walrasian price due to initial endowments, the initial excess demand effect pushes resource...

Persistent link: https://www.econbiz.de/10013081713