SlideShare a Scribd company logo
1 of 21
Download to read offline
Curiosity-aware bargaining
Cédric Buron12
Sylvain Ductor1
Zahia Guessoum13
1LIP6, 2Kyriba Corp., 3CReSTIC,
Université San Diego, Université de
Pierre et Marie Curie, CA, USA Champagne Ardennes,
Paris, France Reims, France
STAIRS 2016, The Hague, August 30th 2016
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 1 / 17
Context and motivation
A purchaser p and a seller s negotiating for teabags.
sp
$
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 2 / 17
Context and motivation
Very long negotiation, canceled by p.
sp
X
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 2 / 17
Context and motivation
p gets much information on s for free, used for opponent modeling.
Opponent modeling is the exploitation of information obtained
through opponent’s action to learn some of its aspects.
sp
Reserve price
Strategy
Utility
Deadline
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 2 / 17
Context and motivation
Purchaser: “curious”
Goal of curious agents: get information during the negotiation
rather than the good.
Harmful:
long negotiations
many cancellations
unbalances negotiations
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 3 / 17
Bargaining and curious agents
Bargaining: alternate negotiation protocol for two agents.
In this paper: mono-attribute negotiation (negotiation on the
price only), following the rule of monotonic concession.
proposal
counter-propose
accept
reject
Bargaining is one of the protocols most vulnerable to curiosity.
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 4 / 17
Bargaining and curious agents
Bargaining has three vulnerable points:
at the beginning: if reservation prices of agents are not
compatible, negotiation eventually canceled,
during the exchange of the proposals: potentially make small
concessions to get information,
at the end: cancellation is not penalized.
Problem: how to make curious agents harmless?
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 5 / 17
Bargaining and curious agents
Our proposal: extend bargaining (design a new protocol) in order to
penalize curious behaviors:
1 formalize curiosity by extending standard rationality,
2 design a protocol from three extensions of bargaining to reduce
the impact of curiosity,
3 analyze properties of these extensions,
4 study their significance experimentally.
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 6 / 17
Curiosity-aware bargaining
Introduction of the exchanged information in the definition of bargaining.
Bargaining b defined as a 6-uplet
good gb,
purchaser p, seller s,
outcome πb (price or ⊥ if negotiation canceled)
+ sequences of proposals νp
b for the purchaser, νs
b for the seller.
Information is identified with the number of messages sent/received.
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 7 / 17
Curiosity-aware bargaining
Curiosity-aware agents
Extend the rationality of the agents by adding exchanged information
(the outcome is still considered in all the cases):
uncurious
info
info
curious info
secretive info
secretive & curious
info
info
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 8 / 17
Curiosity-aware bargaining
The utility depends on the step of the negotiation.
→ the reserve price becomes depends on the step of the negotiation.
0 10 20 30 40
10
20
step of the negotiation
reserveprice
RP:
uncurious
secretive
curious
Purchaser
proposals
Figure: Reserve price and proposals of a purchaser
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 9 / 17
Extensions
Our 3 extensions deal with the 3 points of bargaining prone to
curiosity: the initiation of the deal, the length of the negotiation
and the outcome.
1 at the beginning: the reservation prices (RPs) are declared to a
trusted third part. Negotiation begins iff declared RPs match,
2 during the exchange of the proposals: limit the number of steps,
3 at the end: in case of a cancellation, both agents get/pay their
RPs (the surplus is lost for the agents).
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 10 / 17
Properties
Honesty
Let:
b be a negotiation between a purchaser p and a seller s,
πa
b(k) be the reserve price of an agent at the step k and
kmax
b the step at which the negotiation is stopped (deadline)
Theorem
Using the three extensions gives p (resp. s) an incentive to give a
reserve price inferior (resp. superior) to πp
b (kmax
b ) (resp. πs
b(kmax
b )).
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 11 / 17
Properties
Honesty
Let:
b be a negotiation between a purchaser p and a seller s,
πa
b(k) be the reserve price of an agent at the step k and
kmax
b the step at which the negotiation is stopped (deadline)
Theorem
Using the three extensions gives p (resp. s) an incentive to give a
reserve price inferior (resp. superior) to πp
b (kmax
b ) (resp. πs
b(kmax
b )).
“Declaring a reserve price more interesting for the opponent than the
real one is costly”
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 11 / 17
Properties
Agreement
Theorem
When the three extensions are used, rejecting an offer or going to a
deadline is less interesting for a couple of rational negotiating agents
than finding any agreement more advantageous than the declared
reserve price, before the deadline is reached.
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 12 / 17
Properties
Agreement
Theorem
When the three extensions are used, rejecting an offer or going to a
deadline is less interesting for a couple of rational negotiating agents
than finding any agreement more advantageous than the declared
reserve price, before the deadline is reached.
“Agents have an incentive to reach an agreement”
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 12 / 17
Experiments
Goal: study the effect of our protocol on the welfare of the curious
and secretive agents.
First, implement our 3 kinds of agents.
Agent utility functions:
∀b ∈ B, ua(πb, νs
b, νp
b ) =
πb
a (0) · ∆(n) − πb if agreement
πb
a (0) · (∆(n) − 1) otherwise
where



∆(n) = 1 if a is uncurious
∆(n) =
1
logn(n + kp
b )
if a is secretive
∆(n) = logn(n + kp
b ) if a is curious
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 13 / 17
Experiments
Agents strategy, designed by Faratin et al.1
depending only on
the step of the negotiation,
the offering at step k of a purchaser p is:
γp + κp + (1 − κp) ·
k
kmax
p
1
βp
· (γp − πb
p)
where κp, βp and γp determine the concession rate for agent p,
kmax
p is the deadline of the protocol and πb
p is the RP of p,
proposal accepted if it is better than its new computed proposal,
rejected if its new computed proposal is worse than its RP.
1 Faratin, P.; Jennings, N. R.; Sierra, C. Robotics and Autonomous
Systems 1998, 24, 159–182.
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 14 / 17
Experiments
barg. match bound all
0
2
4
6
Welfare
(a) Welfare of the curious agents
barg. match bound all
−2
0
2
4
6
Welfare
(b) Welfare of the secretive agents
* vs uncurious secretive vs curious
Figure: Welfare of curious & secretive agents with different protocols
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 15 / 17
Perspectives & conclusion
Contributions:
a new protocol (based on of three extensions of bargaining),
incentive to look for an agreement, partially to be honest in
the declaration of their RP,
general impact: efficient to limit the exchanged information,
Perspective:
perspective: extend the protocol to one-to-many negotiation
→ avoid manipulation of the protocol (get incentive to be
perfectly honest).
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 16 / 17
Acknowledgements
Thank you for your attention!
Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 17 / 17

More Related Content

Recently uploaded

9999266834 Call Girls In Noida Sector 22 (Delhi) Call Girl Service
9999266834 Call Girls In Noida Sector 22 (Delhi) Call Girl Service9999266834 Call Girls In Noida Sector 22 (Delhi) Call Girl Service
9999266834 Call Girls In Noida Sector 22 (Delhi) Call Girl Servicenishacall1
 
Locating and isolating a gene, FISH, GISH, Chromosome walking and jumping, te...
Locating and isolating a gene, FISH, GISH, Chromosome walking and jumping, te...Locating and isolating a gene, FISH, GISH, Chromosome walking and jumping, te...
Locating and isolating a gene, FISH, GISH, Chromosome walking and jumping, te...Silpa
 
dkNET Webinar "Texera: A Scalable Cloud Computing Platform for Sharing Data a...
dkNET Webinar "Texera: A Scalable Cloud Computing Platform for Sharing Data a...dkNET Webinar "Texera: A Scalable Cloud Computing Platform for Sharing Data a...
dkNET Webinar "Texera: A Scalable Cloud Computing Platform for Sharing Data a...dkNET
 
PSYCHOSOCIAL NEEDS. in nursing II sem pptx
PSYCHOSOCIAL NEEDS. in nursing II sem pptxPSYCHOSOCIAL NEEDS. in nursing II sem pptx
PSYCHOSOCIAL NEEDS. in nursing II sem pptxSuji236384
 
High Profile 🔝 8250077686 📞 Call Girls Service in GTB Nagar🍑
High Profile 🔝 8250077686 📞 Call Girls Service in GTB Nagar🍑High Profile 🔝 8250077686 📞 Call Girls Service in GTB Nagar🍑
High Profile 🔝 8250077686 📞 Call Girls Service in GTB Nagar🍑Damini Dixit
 
Pests of cotton_Borer_Pests_Binomics_Dr.UPR.pdf
Pests of cotton_Borer_Pests_Binomics_Dr.UPR.pdfPests of cotton_Borer_Pests_Binomics_Dr.UPR.pdf
Pests of cotton_Borer_Pests_Binomics_Dr.UPR.pdfPirithiRaju
 
Pulmonary drug delivery system M.pharm -2nd sem P'ceutics
Pulmonary drug delivery system M.pharm -2nd sem P'ceuticsPulmonary drug delivery system M.pharm -2nd sem P'ceutics
Pulmonary drug delivery system M.pharm -2nd sem P'ceuticssakshisoni2385
 
biology HL practice questions IB BIOLOGY
biology HL practice questions IB BIOLOGYbiology HL practice questions IB BIOLOGY
biology HL practice questions IB BIOLOGY1301aanya
 
Formation of low mass protostars and their circumstellar disks
Formation of low mass protostars and their circumstellar disksFormation of low mass protostars and their circumstellar disks
Formation of low mass protostars and their circumstellar disksSérgio Sacani
 
❤Jammu Kashmir Call Girls 8617697112 Personal Whatsapp Number 💦✅.
❤Jammu Kashmir Call Girls 8617697112 Personal Whatsapp Number 💦✅.❤Jammu Kashmir Call Girls 8617697112 Personal Whatsapp Number 💦✅.
❤Jammu Kashmir Call Girls 8617697112 Personal Whatsapp Number 💦✅.Nitya salvi
 
Forensic Biology & Its biological significance.pdf
Forensic Biology & Its biological significance.pdfForensic Biology & Its biological significance.pdf
Forensic Biology & Its biological significance.pdfrohankumarsinghrore1
 
Seismic Method Estimate velocity from seismic data.pptx
Seismic Method Estimate velocity from seismic  data.pptxSeismic Method Estimate velocity from seismic  data.pptx
Seismic Method Estimate velocity from seismic data.pptxAlMamun560346
 
Module for Grade 9 for Asynchronous/Distance learning
Module for Grade 9 for Asynchronous/Distance learningModule for Grade 9 for Asynchronous/Distance learning
Module for Grade 9 for Asynchronous/Distance learninglevieagacer
 
High Class Escorts in Hyderabad ₹7.5k Pick Up & Drop With Cash Payment 969456...
High Class Escorts in Hyderabad ₹7.5k Pick Up & Drop With Cash Payment 969456...High Class Escorts in Hyderabad ₹7.5k Pick Up & Drop With Cash Payment 969456...
High Class Escorts in Hyderabad ₹7.5k Pick Up & Drop With Cash Payment 969456...chandars293
 
Conjugation, transduction and transformation
Conjugation, transduction and transformationConjugation, transduction and transformation
Conjugation, transduction and transformationAreesha Ahmad
 
Connaught Place, Delhi Call girls :8448380779 Model Escorts | 100% verified
Connaught Place, Delhi Call girls :8448380779 Model Escorts | 100% verifiedConnaught Place, Delhi Call girls :8448380779 Model Escorts | 100% verified
Connaught Place, Delhi Call girls :8448380779 Model Escorts | 100% verifiedDelhi Call girls
 
Proteomics: types, protein profiling steps etc.
Proteomics: types, protein profiling steps etc.Proteomics: types, protein profiling steps etc.
Proteomics: types, protein profiling steps etc.Silpa
 
STS-UNIT 4 CLIMATE CHANGE POWERPOINT PRESENTATION
STS-UNIT 4 CLIMATE CHANGE POWERPOINT PRESENTATIONSTS-UNIT 4 CLIMATE CHANGE POWERPOINT PRESENTATION
STS-UNIT 4 CLIMATE CHANGE POWERPOINT PRESENTATIONrouseeyyy
 
Pests of mustard_Identification_Management_Dr.UPR.pdf
Pests of mustard_Identification_Management_Dr.UPR.pdfPests of mustard_Identification_Management_Dr.UPR.pdf
Pests of mustard_Identification_Management_Dr.UPR.pdfPirithiRaju
 

Recently uploaded (20)

9999266834 Call Girls In Noida Sector 22 (Delhi) Call Girl Service
9999266834 Call Girls In Noida Sector 22 (Delhi) Call Girl Service9999266834 Call Girls In Noida Sector 22 (Delhi) Call Girl Service
9999266834 Call Girls In Noida Sector 22 (Delhi) Call Girl Service
 
Locating and isolating a gene, FISH, GISH, Chromosome walking and jumping, te...
Locating and isolating a gene, FISH, GISH, Chromosome walking and jumping, te...Locating and isolating a gene, FISH, GISH, Chromosome walking and jumping, te...
Locating and isolating a gene, FISH, GISH, Chromosome walking and jumping, te...
 
dkNET Webinar "Texera: A Scalable Cloud Computing Platform for Sharing Data a...
dkNET Webinar "Texera: A Scalable Cloud Computing Platform for Sharing Data a...dkNET Webinar "Texera: A Scalable Cloud Computing Platform for Sharing Data a...
dkNET Webinar "Texera: A Scalable Cloud Computing Platform for Sharing Data a...
 
PSYCHOSOCIAL NEEDS. in nursing II sem pptx
PSYCHOSOCIAL NEEDS. in nursing II sem pptxPSYCHOSOCIAL NEEDS. in nursing II sem pptx
PSYCHOSOCIAL NEEDS. in nursing II sem pptx
 
High Profile 🔝 8250077686 📞 Call Girls Service in GTB Nagar🍑
High Profile 🔝 8250077686 📞 Call Girls Service in GTB Nagar🍑High Profile 🔝 8250077686 📞 Call Girls Service in GTB Nagar🍑
High Profile 🔝 8250077686 📞 Call Girls Service in GTB Nagar🍑
 
Pests of cotton_Borer_Pests_Binomics_Dr.UPR.pdf
Pests of cotton_Borer_Pests_Binomics_Dr.UPR.pdfPests of cotton_Borer_Pests_Binomics_Dr.UPR.pdf
Pests of cotton_Borer_Pests_Binomics_Dr.UPR.pdf
 
Pulmonary drug delivery system M.pharm -2nd sem P'ceutics
Pulmonary drug delivery system M.pharm -2nd sem P'ceuticsPulmonary drug delivery system M.pharm -2nd sem P'ceutics
Pulmonary drug delivery system M.pharm -2nd sem P'ceutics
 
biology HL practice questions IB BIOLOGY
biology HL practice questions IB BIOLOGYbiology HL practice questions IB BIOLOGY
biology HL practice questions IB BIOLOGY
 
Formation of low mass protostars and their circumstellar disks
Formation of low mass protostars and their circumstellar disksFormation of low mass protostars and their circumstellar disks
Formation of low mass protostars and their circumstellar disks
 
❤Jammu Kashmir Call Girls 8617697112 Personal Whatsapp Number 💦✅.
❤Jammu Kashmir Call Girls 8617697112 Personal Whatsapp Number 💦✅.❤Jammu Kashmir Call Girls 8617697112 Personal Whatsapp Number 💦✅.
❤Jammu Kashmir Call Girls 8617697112 Personal Whatsapp Number 💦✅.
 
Forensic Biology & Its biological significance.pdf
Forensic Biology & Its biological significance.pdfForensic Biology & Its biological significance.pdf
Forensic Biology & Its biological significance.pdf
 
Seismic Method Estimate velocity from seismic data.pptx
Seismic Method Estimate velocity from seismic  data.pptxSeismic Method Estimate velocity from seismic  data.pptx
Seismic Method Estimate velocity from seismic data.pptx
 
Module for Grade 9 for Asynchronous/Distance learning
Module for Grade 9 for Asynchronous/Distance learningModule for Grade 9 for Asynchronous/Distance learning
Module for Grade 9 for Asynchronous/Distance learning
 
High Class Escorts in Hyderabad ₹7.5k Pick Up & Drop With Cash Payment 969456...
High Class Escorts in Hyderabad ₹7.5k Pick Up & Drop With Cash Payment 969456...High Class Escorts in Hyderabad ₹7.5k Pick Up & Drop With Cash Payment 969456...
High Class Escorts in Hyderabad ₹7.5k Pick Up & Drop With Cash Payment 969456...
 
Conjugation, transduction and transformation
Conjugation, transduction and transformationConjugation, transduction and transformation
Conjugation, transduction and transformation
 
Connaught Place, Delhi Call girls :8448380779 Model Escorts | 100% verified
Connaught Place, Delhi Call girls :8448380779 Model Escorts | 100% verifiedConnaught Place, Delhi Call girls :8448380779 Model Escorts | 100% verified
Connaught Place, Delhi Call girls :8448380779 Model Escorts | 100% verified
 
Clean In Place(CIP).pptx .
Clean In Place(CIP).pptx                 .Clean In Place(CIP).pptx                 .
Clean In Place(CIP).pptx .
 
Proteomics: types, protein profiling steps etc.
Proteomics: types, protein profiling steps etc.Proteomics: types, protein profiling steps etc.
Proteomics: types, protein profiling steps etc.
 
STS-UNIT 4 CLIMATE CHANGE POWERPOINT PRESENTATION
STS-UNIT 4 CLIMATE CHANGE POWERPOINT PRESENTATIONSTS-UNIT 4 CLIMATE CHANGE POWERPOINT PRESENTATION
STS-UNIT 4 CLIMATE CHANGE POWERPOINT PRESENTATION
 
Pests of mustard_Identification_Management_Dr.UPR.pdf
Pests of mustard_Identification_Management_Dr.UPR.pdfPests of mustard_Identification_Management_Dr.UPR.pdf
Pests of mustard_Identification_Management_Dr.UPR.pdf
 

Featured

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by HubspotMarius Sescu
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTExpeed Software
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 

Featured (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

Curiosity-aware bargaining

  • 1. Curiosity-aware bargaining Cédric Buron12 Sylvain Ductor1 Zahia Guessoum13 1LIP6, 2Kyriba Corp., 3CReSTIC, Université San Diego, Université de Pierre et Marie Curie, CA, USA Champagne Ardennes, Paris, France Reims, France STAIRS 2016, The Hague, August 30th 2016 Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 1 / 17
  • 2. Context and motivation A purchaser p and a seller s negotiating for teabags. sp $ Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 2 / 17
  • 3. Context and motivation Very long negotiation, canceled by p. sp X Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 2 / 17
  • 4. Context and motivation p gets much information on s for free, used for opponent modeling. Opponent modeling is the exploitation of information obtained through opponent’s action to learn some of its aspects. sp Reserve price Strategy Utility Deadline Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 2 / 17
  • 5. Context and motivation Purchaser: “curious” Goal of curious agents: get information during the negotiation rather than the good. Harmful: long negotiations many cancellations unbalances negotiations Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 3 / 17
  • 6. Bargaining and curious agents Bargaining: alternate negotiation protocol for two agents. In this paper: mono-attribute negotiation (negotiation on the price only), following the rule of monotonic concession. proposal counter-propose accept reject Bargaining is one of the protocols most vulnerable to curiosity. Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 4 / 17
  • 7. Bargaining and curious agents Bargaining has three vulnerable points: at the beginning: if reservation prices of agents are not compatible, negotiation eventually canceled, during the exchange of the proposals: potentially make small concessions to get information, at the end: cancellation is not penalized. Problem: how to make curious agents harmless? Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 5 / 17
  • 8. Bargaining and curious agents Our proposal: extend bargaining (design a new protocol) in order to penalize curious behaviors: 1 formalize curiosity by extending standard rationality, 2 design a protocol from three extensions of bargaining to reduce the impact of curiosity, 3 analyze properties of these extensions, 4 study their significance experimentally. Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 6 / 17
  • 9. Curiosity-aware bargaining Introduction of the exchanged information in the definition of bargaining. Bargaining b defined as a 6-uplet good gb, purchaser p, seller s, outcome πb (price or ⊥ if negotiation canceled) + sequences of proposals νp b for the purchaser, νs b for the seller. Information is identified with the number of messages sent/received. Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 7 / 17
  • 10. Curiosity-aware bargaining Curiosity-aware agents Extend the rationality of the agents by adding exchanged information (the outcome is still considered in all the cases): uncurious info info curious info secretive info secretive & curious info info Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 8 / 17
  • 11. Curiosity-aware bargaining The utility depends on the step of the negotiation. → the reserve price becomes depends on the step of the negotiation. 0 10 20 30 40 10 20 step of the negotiation reserveprice RP: uncurious secretive curious Purchaser proposals Figure: Reserve price and proposals of a purchaser Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 9 / 17
  • 12. Extensions Our 3 extensions deal with the 3 points of bargaining prone to curiosity: the initiation of the deal, the length of the negotiation and the outcome. 1 at the beginning: the reservation prices (RPs) are declared to a trusted third part. Negotiation begins iff declared RPs match, 2 during the exchange of the proposals: limit the number of steps, 3 at the end: in case of a cancellation, both agents get/pay their RPs (the surplus is lost for the agents). Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 10 / 17
  • 13. Properties Honesty Let: b be a negotiation between a purchaser p and a seller s, πa b(k) be the reserve price of an agent at the step k and kmax b the step at which the negotiation is stopped (deadline) Theorem Using the three extensions gives p (resp. s) an incentive to give a reserve price inferior (resp. superior) to πp b (kmax b ) (resp. πs b(kmax b )). Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 11 / 17
  • 14. Properties Honesty Let: b be a negotiation between a purchaser p and a seller s, πa b(k) be the reserve price of an agent at the step k and kmax b the step at which the negotiation is stopped (deadline) Theorem Using the three extensions gives p (resp. s) an incentive to give a reserve price inferior (resp. superior) to πp b (kmax b ) (resp. πs b(kmax b )). “Declaring a reserve price more interesting for the opponent than the real one is costly” Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 11 / 17
  • 15. Properties Agreement Theorem When the three extensions are used, rejecting an offer or going to a deadline is less interesting for a couple of rational negotiating agents than finding any agreement more advantageous than the declared reserve price, before the deadline is reached. Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 12 / 17
  • 16. Properties Agreement Theorem When the three extensions are used, rejecting an offer or going to a deadline is less interesting for a couple of rational negotiating agents than finding any agreement more advantageous than the declared reserve price, before the deadline is reached. “Agents have an incentive to reach an agreement” Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 12 / 17
  • 17. Experiments Goal: study the effect of our protocol on the welfare of the curious and secretive agents. First, implement our 3 kinds of agents. Agent utility functions: ∀b ∈ B, ua(πb, νs b, νp b ) = πb a (0) · ∆(n) − πb if agreement πb a (0) · (∆(n) − 1) otherwise where    ∆(n) = 1 if a is uncurious ∆(n) = 1 logn(n + kp b ) if a is secretive ∆(n) = logn(n + kp b ) if a is curious Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 13 / 17
  • 18. Experiments Agents strategy, designed by Faratin et al.1 depending only on the step of the negotiation, the offering at step k of a purchaser p is: γp + κp + (1 − κp) · k kmax p 1 βp · (γp − πb p) where κp, βp and γp determine the concession rate for agent p, kmax p is the deadline of the protocol and πb p is the RP of p, proposal accepted if it is better than its new computed proposal, rejected if its new computed proposal is worse than its RP. 1 Faratin, P.; Jennings, N. R.; Sierra, C. Robotics and Autonomous Systems 1998, 24, 159–182. Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 14 / 17
  • 19. Experiments barg. match bound all 0 2 4 6 Welfare (a) Welfare of the curious agents barg. match bound all −2 0 2 4 6 Welfare (b) Welfare of the secretive agents * vs uncurious secretive vs curious Figure: Welfare of curious & secretive agents with different protocols Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 15 / 17
  • 20. Perspectives & conclusion Contributions: a new protocol (based on of three extensions of bargaining), incentive to look for an agreement, partially to be honest in the declaration of their RP, general impact: efficient to limit the exchanged information, Perspective: perspective: extend the protocol to one-to-many negotiation → avoid manipulation of the protocol (get incentive to be perfectly honest). Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 16 / 17
  • 21. Acknowledgements Thank you for your attention! Buron, Ductor & Guessoum Curiosity-aware bargaining STAIRS 2016 17 / 17