Sufficient Concession
If agent A makes a sufficient concession in the next step, then, assuming that agent B is using a rational negotiation strategy, if agent B does not concede in the next step, he must do so in the step after that. The set of all sufficient concessions of agent A at step t is denoted SC(A, t).
Read more about this topic: Zeuthen Strategy
Famous quotes containing the words sufficient and/or concession:
“And pray what more can a reasonable man desire, in peaceful times, in ordinary noons, than a sufficient number of ears of green sweet corn boiled, with the addition of salt?”
—Henry David Thoreau (1817–1862)
“Let the amelioration in our laws of property proceed from the concession of the rich, not from the grasping of the poor. Let us understand that the equitable rule is, that no one should take more than his share, let him be ever so rich.”
—Ralph Waldo Emerson (1803–1882)