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Michael Filzmoser
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Michael Filzmoser: Vienna University of Technology

Chapter Chapter 6 in Simulation of Automated Negotiation, 2010, pp 133-172 from Springer

Abstract: Abstract Table 6.1 and Figure 6.1 provide descriptive statistics for the six outcome dimensions discussed in the previous chapter, note that the proportion of agreements for all simulation runs was 63.41% and the proportion of Pareto-optimal agreements was 32.80%. Interestingly automated negotiation achieves higher utility to the seller party than to the buyer party though neither the protocol nor the agent distinguish between parties. This phenomenon is not only found for the overall results but consistently in all treatments and all analyses. The better performance of automated negotiation for the seller party is even more puzzling if one compares the overall results to the negotiation experiments, where no such differences in individual utility of the two parties exist and is discussed in detail in Section 6.6.2.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-7091-0133-9_6

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DOI: 10.1007/978-3-7091-0133-9_6

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