The Zeuthen strategy is a negotiation strategy used by some artificial agents. Its purpose is to measure the willingness to risk conflict. An agent will be more willing to risk conflict if the difference in utility between its current proposal and the conflict deal is low.
When used by both agents in the Monotonic Concession Protocol, the Zeuthen strategy leads the agents to agree upon the deal in the negotiation set, the set of all conflict free deals which are Individually rational and Pareto optimal plus the conflict deal, which maximizes the Nash product.
Read more about Zeuthen Strategy: Risk, Sufficient Concession, Minimal Sufficient Concession, Zeuthen Strategy
Famous quotes containing the word strategy:
“... the generation of the 20s was truly secular in that it still knew its theology and its varieties of religious experience. We are post-secular, inventing new faiths, without any sense of organizing truths. The truths we accept are so multiple that honesty becomes little more than a strategy by which you manage your tendencies toward duplicity.”
—Ann Douglas (b. 1942)