Title
Strategic negotiations for extensive-form games.
Abstract
When studying extensive-form games it is commonly assumed that players make their decisions individually. One usually does not allow the possibility for the players to negotiate their respective strategies and formally commit themselves to future moves. As a consequence, many non-zero-sum games have been shown to have equilibrium outcomes that are suboptimal and arguably counter-intuitive. For this reason we feel there is a need to explore a new line of research in which game-playing agents are allowed to negotiate binding agreements before they make their moves. We analyze what happens under such assumptions and define a new equilibrium solution concept to capture this. We show that this new solution concept indeed yields solutions that are more efficient and, in a sense, closer to what one would expect in the real world. Furthermore, we demonstrate that our ideas are not only theoretical in nature, but can also be implemented on bounded rational agents, with a number of experiments conducted with a new algorithm that combines techniques from Automated Negotiations, (Algorithmic) Game Theory, and General Game Playing. Our algorithm, which we call Monte Carlo Negotiation Search, is an adaptation of Monte Carlo Tree Search that equips the agent with the ability to negotiate. It is completely domain-independent in the sense that it is not tailored to any specific game. It can be applied to any non-zero-sum game, provided that its rules are described in Game Description Language. We show with several experiments that it strongly outperforms non-negotiating players, and that it closely approximates the theoretically optimal outcomes, as defined by our new solution concept.
Year
DOI
Venue
2020
10.1007/s10458-019-09424-y
Autonomous Agents and Multi-Agent Systems
Keywords
Field
DocType
Automated negotiations, Non-zero-sum games, Extensive-form games, General game playing, Monte Carlo tree search
Mathematical economics,Monte Carlo tree search,Rational agent,Computer science,Commit,General game playing,Artificial intelligence,Game theory,Solution concept,Machine learning,Extensive-form game,Negotiation
Journal
Volume
Issue
ISSN
34
1
1387-2532
Citations 
PageRank 
References 
0
0.34
0
Authors
2
Name
Order
Citations
PageRank
Dave de Jonge1268.04
Dongmo Zhang236840.10