Reasoning about bargaining situations

Research output: Chapter in Book / Conference PaperConference Paperpeer-review

10 Citations (Scopus)

Abstract

This paper presents a logical axiomatization of bargaining solutions. A bargaining situation is described in propositional logic and the bargainers' preferences are quantified in terms of the logical structure of the bargaining situation. A solution to the n-person bargaining problems is proposed based on the maxmin rule over the degrees of bargainers' satisfaction. We show that the solution is uniquely characterized by four natural and intuitive axioms as well as three other fundamental assumptions. All the axioms and assumptions are represented in logical statements and most of them have a game-theoretic counterpart. The framework would help us to identify the logical and numerical reasoning behind bargaining processes.

Original languageEnglish
Title of host publicationAAAI-07/IAAI-07 Proceedings
Subtitle of host publication22nd AAAI Conference on Artificial Intelligence and the 19th Innovative Applications of Artificial Intelligence Conference
Pages154-160
Number of pages7
Publication statusPublished - 2007
EventAAAI-07/IAAI-07 Proceedings: 22nd AAAI Conference on Artificial Intelligence and the 19th Innovative Applications of Artificial Intelligence Conference - Vancouver, BC, Canada
Duration: 22 Jul 200726 Jul 2007

Publication series

NameProceedings of the National Conference on Artificial Intelligence
Volume1

Conference

ConferenceAAAI-07/IAAI-07 Proceedings: 22nd AAAI Conference on Artificial Intelligence and the 19th Innovative Applications of Artificial Intelligence Conference
Country/TerritoryCanada
CityVancouver, BC
Period22/07/0726/07/07

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