Studying the impact of negotiation environments on negotiation teams' performance

TL;DR

This study investigates how various negotiation environment factors influence the performance of intra-team strategies in agent-based negotiation teams, aiming to guide strategy selection based on environmental conditions.

Contribution

It provides an experimental analysis of how environment variables affect negotiation team performance, offering insights for selecting effective intra-team strategies.

Findings

Deadline and concession speed impact team utility and negotiation rounds.

Similarity among team members influences negotiation efficiency.

Team size affects the minimum and average utility of team members.

Abstract

In this article we study the impact of the negotiation environment on the performance of several intra-team strategies (team dynamics) for agent-based negotiation teams that negotiate with an opponent. An agent-based negotiation team is a group of agents that joins together as a party because they share common interests in the negotiation at hand. It is experimentally shown how negotiation environment conditions like the deadline of both parties, the concession speed of the opponent, similarity among team members, and team size affect performance metrics like the minimum utility of team members, the average utility of team members, and the number of negotiation rounds. Our goal is identifying which intra-team strategies work better in different environmental conditions in order to provide useful knowledge for team members to select appropriate intra-team strategies according to environmental conditions.