A Fixed-Point Property of Logic-Based Bargaining Solution

  • Authors:

  • Dongmo Zhang

  • Affiliations:

  • Intelligent Systems Laboratory, University of Western Sydney, Australia

  • Venue:
  • AI '08 Proceedings of the 21st Australasian Joint Conference on Artificial Intelligence: Advances in Artificial Intelligence
  • Year:
  • 2008

Quantified Score

Hi-index 0.00

Visualization

Abstract

This paper presents a logic-based bargaining solution based on Zhang and Zhang's framework. It is shown that if the demand sets of players are logically closed, the solution satisfies a fixed-point property, which says that the outcome of bargaining is the result of mutual belief revision. The result is interesting not only because it presents a desirable logical property of bargaining solution but also establishes a link between bargaining theory and multi-agent belief revision.