Towards Barter Double Auction as Model for Bilateral Social Cooperations

TL;DR

This paper introduces a barter double auction model to simulate non-monetary bilateral social cooperations among self-interested agents, capturing complex social interactions like job allocations or relationships.

Contribution

It proposes a novel game-theoretic model for non-monetary social cooperation, extending auction concepts to social and personal exchanges.

Findings

Model captures satisfaction based on demand-offer distance

Applicable to social cooperation scenarios like jobs and relationships

Provides a framework for analyzing bilateral social exchanges

Abstract

The idea of this paper is an advanced game concept. This concept is expected to model non-monetary bilateral cooperations between self-interested agents. Such non-monetary cases are social cooperations like allocation of high level jobs or sexual relationships among humans. In a barter double auction, there is a big amount of agents. Every agent has a vector of parameters which specifies his demand and a vector which specifies his offer. Two agents can achieve a commitment through barter exchange. The subjective satisfaction level (a number between 0% and 100%) of an agent is as high as small is the distance between his demand and the accepted offer. This paper introduces some facets of this complex game concept.