Analysis on the bargaining game using artificial agents

Analysis on the bargaining game using artificial agents

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Article ID: iaor20073389
Country: South Korea
Volume: 32
Issue: 3
Start Page Number: 172
End Page Number: 179
Publication Date: Sep 2006
Journal: Journal of the Korean Institute of Industrial Engineers
Authors: , , , ,
Keywords: agent technology, bargaining
Abstract:

Over the past few years, a considerable number of studies have been conducted on modeling the bargaining game using artificial agents on within-model interaction. However, very few attempts have been made at study on between-model interaction. This paper investigates the interaction and co-evolutionary process among heterogeneous artificial agents in the bargaining game. We present two kinds of the artificial agents participating in the bargaining game. They play some bargaining games with their strategies based on genetic algorithm and reinforcement learning. We compare agents' performance between two agents under various conditions which are the changes of the parameters of artificial agents and the maximal number of round in the bargaining game. Finally, we discuss which agents show better performance and why the results are produced.

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