Negotiating Complex Contracts (2002)
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by
Mark Klein
,
Peyman Faratin
,
Hiroki Sayama
,
Yaneer Bar-yam
| Venue: | IEEE Intelligent Systems Journal, special issue on Agents and Markets |
| Citations: | 24 - 2 self |
BibTeX
@ARTICLE{Klein02negotiatingcomplex,
author = {Mark Klein and Peyman Faratin and Hiroki Sayama and Yaneer Bar-yam},
title = {Negotiating Complex Contracts},
journal = {IEEE Intelligent Systems Journal, special issue on Agents and Markets},
year = {2002},
volume = {18},
pages = {32--38}
}
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Abstract
contracts consisting of one or a few independent issues and tractable contract spaces. Many real-world contracts, by contrast, are much more complex, consisting of multiple inter-dependent issues and intractably large contract spaces. This paper describes a simulated annealing based approach appropriate for negotiating such complex contracts that achieves near-optimal social welfares for negotiations with binary issue dependencies.
