2010
DOI: 10.1016/j.artint.2010.08.003
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A logic-based axiomatic model of bargaining

Abstract: This paper introduces an axiomatic model for bargaining analysis. We describe a bargaining situation in propositional logic and represent bargainers' preferences in total pre-orders. Based on the concept of minimal simultaneous concessions, we propose a solution to n-person bargaining problems and prove that the solution is uniquely characterized by five logical axioms: Consistency, Comprehensiveness, Collective rationality, Disagreement, and Contraction independence. This framework provides a naive solution t… Show more

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Cited by 29 publications
(20 citation statements)
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“…Part of our future work is focused on studying complexity issues related to our proposal, as done by Zhang (2010) in the context of belief-revision based bargaining and negotiation. Furthermore, we want to identify different kinds of negotiation problems for which either BR or PBR agents are to be preferred, considering the trade-off between negotiation results and computational complexity.…”
Section: Discussionmentioning
confidence: 99%
“…Part of our future work is focused on studying complexity issues related to our proposal, as done by Zhang (2010) in the context of belief-revision based bargaining and negotiation. Furthermore, we want to identify different kinds of negotiation problems for which either BR or PBR agents are to be preferred, considering the trade-off between negotiation results and computational complexity.…”
Section: Discussionmentioning
confidence: 99%
“…There have been previous approaches integrating belief revision and negotiation. In [34] and [33] a formal characterization of negotiation from a belief revision perspective are given, but no implementation issues are considered.…”
Section: Discussion Related Workmentioning
confidence: 99%
“…As a powerful tool for modeling strategic interactions, game theory is widely used in many fields such as artificial intelligence [28,30,37]. In game theory, a strategic (normal form or static) game is the basic model of a strategic situation.…”
Section: Introductionmentioning
confidence: 99%