A logical model of nash bargaining solution

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13 Citations (Scopus)

Abstract

This paper presents a logical extension of Nash's Cooperative Bargaining Theory. We introduce a concept of entrenchment measurement, which maps propositions to real numbers, as a vehicle to represent agent's belief states and attitudes towards bargaining situations. We show that Nash's bargaining solution can be restated in terms of bargainers belief states. Negotiable items, bargaining outcomes and conflicting arguments can then be explicitly expressed in propositional logic meanwhile Nash's numerical solution to bargaining problem is still applicable.

Original languageEnglish
Pages (from-to)983-988
Number of pages6
JournalIJCAI International Joint Conference on Artificial Intelligence
Publication statusPublished - 2005
Event19th International Joint Conference on Artificial Intelligence, IJCAI 2005 - Edinburgh, United Kingdom
Duration: 30 Jul 20055 Aug 2005

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